Kathmandu — SuryaJyoti Life Insurance Company Limited has reported a steady financial performance for the last fiscal year 2081/82, with notable growth across key indicators. According to the company’s fourth quarter financial statement, its net profit rose by 1.45...

Kathmandu — The Supreme Court has refused to issue an interim order on a writ petition challenging the Nepal Insurance Authority’s decision to operate a foreign employment term insurance pool. A joint bench of Justices Til Prasad Shrestha and...

Kathmandu — National Insurance Company Limited has posted a net loss of Rs 623.9 million for the fiscal year 2081/82, a sharp reversal from the Rs 266.7 million profit recorded in the previous year, according to its fourth-quarter financial...

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (Salico) has reported a net profit of Rs 403.2 million for the end of the fiscal year 2081/82, reflecting a 12.53% decline compared to Rs 460.9 million recorded in the previous fiscal...

Kathmandu — Life insurance companies across Nepal recorded a significant surge in business in Ashar, the final month of the last fiscal year 2081/82, earning first insurance premiums worth Rs 8.91 billion. According to data released by the Nepal...

Kathmandu — Siddhartha Premier Insurance Limited has reported an overall improvement in its financial indicators for the fourth quarter of the last fiscal year. According to the company’s statement, net profit rose by 3.63 percent to Rs 713.1 million...

Kathmandu — Life insurance companies in Nepal have collected a total of Rs 182.27 billion in premiums from various insurance products by the end of the Ashar 2081/82, according to the Nepal Insurance Authority. The amount was generated from...

  Kathmandu — Life insurance companies in Nepal have reported significant growth in first premium collection in new business during the last fiscal year, with first insurance premiums reaching Rs 43.69 billion by the end of Ashar 2081/82. According...

Kathmandu — The devastating floods and landslides triggered by incessant rainfall in Rasuwa district on 23 Ashar (July 7) have resulted in insurance claims approaching Rs 1 billion. According to the Nepal Insurance Authority, as of 22 Shrawan (August...

Kathmandu — Renewal premium income for life insurance companies in Nepal grew significantly in the last fiscal year 2081/82, indicating steady sectoral expansion and improved policyholder retention. According to the Nepal Insurance Authority, the 14 life insurers currently operating...