Suryajyoti Life Insurance Pays Nearly Rs 500 Million in Insurance Claims

Kathmandu – Suryajyoti Life Insurance has paid insurance claims amounting to Rs 492.9 million during the period till the end of the month of Magh in the current financial year. According to the company’s latest disclosure, the claims were...


Life Insurance Companies in Nepal Earn Rs 85.90 Billion in Premiums in Second Quarter

Kathmandu – The 14 life insurance companies operating in Nepal have collectively earned Rs 85.90 billion in insurance premiums by the end of the second quarter of the current financial year, according to their recently published financial statements. This...


Nepal’s Life Insurance Fund Reaches Rs. 737.2 Billion, Rising 18.35%

Kathmandu – Nepal’s life insurance sector continues to show remarkable growth, with the life insurance fund of 14 life insurance companies reaching Rs. 737.2 billion by the second quarter of the current financial year. According to an analysis on...


IME Life Insurance Declares 21.05% Cash Dividend for Shareholders

Kathmandu – IME Life Insurance Company has announced a 21.05% cash dividend for its shareholders from the profits earned in the last fiscal year. The decision was made during the company’s board of directors meeting held on February 11....


Himalayan Everest Insurance Announces 8.75% Cash Dividend

Kathmandu—Himalayan Everest Insurance has announced a cash dividend for its shareholders from the distributable profits of the last fiscal year. In a board meeting held on February 11, the company decided to distribute an 8.75% cash dividend, including tax....


Life Insurance Sector Sees 14.85% Profit Growth, Earning Rs 3.48 Billion in Q2

Kathmandu — The life insurance sector in Nepal has recorded significant profit growth in the second quarter of the current fiscal year, with 14 life insurance companies collectively earning a net profit of Rs 3.48 billion. According to the...


National Life Insurance Sees 5.60% Profit Growth, Strengthens Financial Position

Kathmandu – National Life Insurance has reported steady financial growth in the second quarter of the current fiscal year, with key indicators reflecting strong performance. The company’s recently published financial statements show an increase in profit, insurance fund size,...


Rastriya Jeevan Beema Company Sees 43.55% Decline in Profit in Q2

Kathmandu – Rastriya Jeevan Beema Company, a government-owned insurer, has reported a significant decline in key financial indicators for the second quarter of the current fiscal year. According to the company’s recently published financial statements, its net profit and...


MetLife Insurance Strengthens Financial Position, Profit Rises by 14.81%

Kathmandu – MetLife Insurance has demonstrated strong financial performance in the second quarter of the current fiscal year, showing improvement across key indicators such as profit, business growth, and interest income. The company’s latest financial statement highlights a steady...


Sun Nepal Life Records Rs 282.2 Million Profit in Q2 Despite Regulatory Challenges

Kathmandu – Sun Nepal Life Insurance has reported a net profit of Rs 282.2 million in the second quarter of the current fiscal year. The company’s latest financial statement, published today, shows a decline in profit compared to Rs...