Himalayan Life Insurance Reports Rs 546.9 Million Profit, Life Insurance Fund Reaches Rs 76.94 Billion

Kathmandu — Himalayan Life Insurance Limited has reported a net profit of Rs 546.9 million for the fourth quarter of fiscal year 2081/82, marking a 13.71% decline from Rs 633.8 million in the same period last year. Despite the...


IME Life Insurance Expands Life Insurance Fund to Rs 13.10 Billion, Total Income Increases by 20%

Kathmandu — IME Life Insurance Company Limited has reported substantial growth in its life insurance fund for the fiscal year 2081/82, reaching Rs 13.10 billion — a 42.97% increase from Rs 9.16 billion in the previous year. The company’s...


Sanima Reliance Life Insurance’s Profit Rises 7.60%, Life Insurance Fund Grows to Rs 19.29 Billion

Kathmandu — Sanima Reliance Life Insurance Company Limited has posted a net profit of Rs 377.4 million for the fiscal year 2081/82, reflecting a 7.60% increase from Rs 350.8 million in the previous year. According to the company’s financial...


Reliable Nepal Life Insurance’s Profit Soars 47.25%, Life Insurance Fund Reaches Rs 13.57 Billion

Kathmandu — Reliable Nepal Life Insurance Company Limited has reported strong growth in its financial performance for the fiscal year 2081/82, with net profit surging by 47.25% to Rs 571.95 million, up from Rs 387.2 million in the previous...


Citizen Life Insurance Reports Rs 425 Million Profit, Life Insurance Fund Jumps 39%

Kathmandu — Citizen Life Insurance Company Limited has posted a net profit of Rs 425.01 million for the fiscal year 2081/82, marking a 1.16% decline from the previous year’s Rs 430.01 million Despite the slight drop in profit, the...


Prabhu Mahalaxmi Life Insurance Posts Rs 370.7 Million Profit in FY 2081/82

Kathmandu — Prabhu Mahalaxmi Life Insurance Company Limited has reported a net profit of Rs 370.7 million for the fiscal year 2081/82, reflecting a 1.25% increase compared to the previous year’s Rs 366.1 million. According to the company’s financial...


Met Life Insurance Reports Rs 496.1 Million Profit, Insurance Fund Rose by 15.54 Percent

Kathmandu – Met Life Insurance Company Limited has released its financial statements for the fourth quarter of the fiscal year 2081/82, reflecting a mixed performance across key financial indicators. According to the report, the company’s net profit stood at...


SuryaJyoti Life Insurance Reports Steady Growth in FY 2081/82, Insurance Fund Grew By 25.50 Percent

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...


Supreme Court Declines Interim Order on Foreign Employment Term Insurance Pool Case

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...


Life Insurance Companies Earn Rs 8.91 Billion in First Premiums in Ashar; Asian Life, IME Life, and Nepal Life Lead Growth

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...