Life Insurance Premium Income Rises 12.25% in First Quarter of 2082/83

Kathmandu – All 14 life insurance companies have published their first quarter financial statements for the current fiscal year, revealing a 12.25 percent growth in total life insurance business compared to the same period last fiscal year. By the...


Life Insurance Agents Receive Rs 3.59 Billion in Commission in First Quarter

Kathmandu – Life insurance agents across the country received a total commission of Rs 3.59 billion in the first three months of the current fiscal year, according to the latest industry data. This marks a 10.52 percent increase compared...


One Million Trees for a Safer Future: Sun Nepal Life Partners with Lumbini World Peace Forum

Kathmandu – Sun Nepal Life Insurance Company Limited has partnered with Lumbini World Peace Forum to launch the ‘One Million Trees Campaign’, a long-term initiative aimed at promoting environmental conservation and sustainability. Through this collaboration, the company aims to...


Life Insurance Companies in Nepal Reports 2.51% Net Profit Growth in Q1

Kathmandu –  The net profit of Nepal’s life insurance companies has grown modestly by 2.51 percent during the first three months of the current fiscal year, according to financial statements published by the insurance companies. The 14 life insurance...


Sanima Reliance Life Insurance Reports 12.53% Profit Growth in Q1

Kathmandu – Sanima Reliance Life Insurance Company Limited has published its unaudited financial statements for the first quarter of the current fiscal year, showing significant growth across key economic indicators. The company recorded a net profit of Rs 149.6...


MetLife Reports Improved Indicators in Q1; Life Fund Grows by 14.83%

Kathmandu – MetLife has released its unaudited financial statements for the first quarter of the current fiscal year 2082/83, showing improvements across most key indicators. The company posted a net profit of Rs 97.1 million in the first three...


Rastriya Jeevan Beema Company Records Rs 1.2 Million Profit in Q1

Kathmandu – The government-owned Rastriya Jeevan Beema Company has published its unaudited financial statements for the first quarter of the current fiscal year, reporting a modest profit alongside a slight contraction in business volume. According to the statement, the...


Reliable Nepal Life Insurance Achieves Strong 29.65% Profit Growth in Q1

Kathmandu – Reliable Nepal Life Insurance has released its unaudited financial statements for the first quarter of the current fiscal year, reporting notable improvements in profit, business volume, and its life insurance fund. According to the statement, the insurer’s...


Asian Life Insurance Posts 14.70% Profit Growth in Q1 of FY 2082/83

Kathmandu – Asian Life Insurance has published its unaudited financial report for the first quarter of the current fiscal year 2082/83, showing notable improvements across most performance indicators. According to the company, net profit increased by 14.70 percent to...


Himalayan Life Insurance Reports 4.32 billion in Net Premium in Q1

Kathmandu — Himalayan Life Insurance Company Limited has published its first-quarter financial results, reporting a significant decline in profitability despite modest growth in net insurance premium income. The insurer earned a net profit of Rs 127.7 million during the...