Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has announced the sale of 418,826 units of promoter shares, inviting applications from its existing promoter shareholders. According to the company, interested promoter shareholders must submit their applications within 35 days at...

Kathmandu — Sanima Reliance Life Insurance has distributed school bags to students of Bajedi Adharbhut School in Bajura district. The distribution program was held on Baisakh 24 (May 7) under the company’s corporate social responsibility (CSR) initiative. A total...

Kathmandu – The net profit of life insurance companies in Nepal surged by 11.93% in the third quarter of the current fiscal year, reflecting positive business momentum and improved management practices across the sector. According to the financial statements...

Kathmandu — Sun Nepal Life Insurance Company Limited has officially opened the public issuance of its right shares starting today, following approval from the Securities Board of Nepal (SEBON). The company is issuing a total of 1,696,320 units of...

Kathmandu — Rastriya Beema Company Limited, a government-owned enterprise, has released its  financial report for the third quarter of the current fiscal year 2081/82, showing a mixed financial performance. The company reported a significant 64.17 percent growth in net...

Kathmandu – Reliable Nepal Life Insurance Limited has posted strong financial results for the third quarter of the current fiscal year 2080/81, recording a net profit of Rs 465.7 million. This marks a 36.88% increase compared to the Rs...

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....

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...

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...

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...