Sagarmatha Lumbini Insurance Concludes 28th AGM, Approves 15% Cash Dividend

Kathmandu — Sagarmatha Lumbini Insurance Company Limited successfully conducted its 28th Annual General Meeting (AGM) on Sunday at Ranimahal Banquet, Gyaneshwor, Kathmandu. The meeting was held under the chairmanship of Manohar Das Mul, Chairman of the Board of Directors....


LIC Nepal Reports 22.66% Profit Growth in Q3 of the Current Fiscal Year

Kathmandu — Life Insurance Corporation (LIC) Nepal has recorded a strong financial performance in the third quarter of the current fiscal year, achieving significant growth in profit, insurance premiums, and investment income. According to its unaudited quarterly report published...


Citizen Life Insurance Posts Rs 357.6 Million Profit in Q3, Total Income Surge by 22.52%

Kathmandu — Citizen Life Insurance has published its third quarter financial report for the current fiscal year, showing a significant growth in profitability and overall financial performance. According to the report, the company earned a net profit of Rs...


Rastriya Jeewan Beema Company Records Over Rs 15.4 Million Profit In Q3 of Current Fiscal Year

Kathmandu — Rastriya Jeewan Beema Company Limited has reported a net profit of Rs 15.4 million in the third quarter of the current fiscal year, as per its financial statement published today. Despite the profit, the figure marks a...


Asian Life Insurance Reports 59.51% Surge in Net Profit in Q3

Kathmandu – Asian Life Insurance Company Limited has recorded a robust financial performance in the third quarter of the current fiscal year, reporting a net profit of Rs 334.7 million as of end of Chaitra. This marks a significant...


Prabhu Mahalaxmi Life Insurance Upgraded to ‘BBB-‘ Rating by ICRA Nepal

Kathmandu — The credit rating of Prabhu Mahalaxmi Life Insurance has improved following a robust financial performance in the fiscal year 2080/81. ICRA Nepal, a prominent credit rating agency, upgraded the company’s issuer rating from “[ICRANP-IR] BB+” to “[ICRANP-IR]...


MetLife Nepal Sees 27% Rise in Profit, Life Insurance Fund Surpasses Rs 28 Billion

Kathmandu – MetLife Nepal (Met American Life Insurance Company Limited) has reported a notable 27.61 percent increase in net profit in its unaudited third-quarter financial statement for the current fiscal year. The company posted a net profit of Rs...


National Life Insurance Records 5.19% Rise in Net Profit of the Current Fiscal Year

Kathmandu — National Life Insurance Company Limited has posted a net profit of Rs 408.5 million by the end of Chaitra in the current fiscal year, marking a 5.19 percent increase from Rs 388.3 million during the same period...


Nepal Life Insurance Reports Rs 652.2 Million Net Profit in Q3, Life Insurance Fund Grows by 19.92%

Kathmandu — Nepal Life Insurance Company Limited has reported a net profit of Rs 652.3 million in the third quarter of the current fiscal year, marking an 8.64 percent increase from Rs 600.3 million recorded in the same period...


Sanima Reliance Life Insurance Reports Rs 337.6 Million Net Profit, Life Insurance Fund Jumps 44%

Kathmandu — Sanima Reliance Life Insurance has reported a net profit of Rs 337.6 million up to the end of Chaitra in the current fiscal year, reflecting a 10.77 percent increase compared to Rs 304.8 million during the same...