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...


Rastriya Beema Company Reports Decline in Profit and Rising Expenses in Second Quarter

Kathmandu – The state-owned Rastriya Beema Company has reported a decline in its financial performance for the second quarter of the current fiscal year, according to its recently published financial statements. The company’s net profit, total income, and earnings...


LIC Nepal Records 3.81% Increase in Profit in Second Quarter

Kathmandu – Life Insurance Corporation (Nepal) Limited (LIC) has reported a 3.81 percent rise in net profit for the second quarter of the current fiscal year, as per its recently released financial statements. The company’s net profit increased from...


Asian Life Insurance Reports Strong Financial Growth in Second Quarter

Kathmandu – Asian Life Insurance Company Limited has achieved remarkable financial growth in the second quarter of the current fiscal year, as reflected in its recently published financial statements. The company has recorded a significant increase in net profit,...