Nepal’s Life Insurance Sector Sees 18.62% Profit Increase in First Quarter

Kathmandu: Nepal’s life insurance sector has shown robust growth in the first quarter of the current financial year, with the net profit of 14 life insurance companies collectively increasing by 18.62% compared to the same period last year. According...


Crest Micro Insurance Records Impressive Growth in First Quarter

Kathmandu – Crest Micro Insurance Company, which has made remarkable strides since its inception, has reported promising results for the first quarter of the current fiscal year. Crest Micro Life Insurance Limited earned a net profit of Rs. 1.15...


IME Life Insurance Reports 11.22% Increase in First Quarter

Kathmandu – IME Life Insurance Company has reported an 11.22% increase in its net profit for the first quarter of the current financial year, compared to the same period last year. The company’s net profit rose from NPR 130.3...


MetLife Insurance Reports 4.29% Increase in Q1 Profit

Kathmandu – MetLife Insurance Company has released its financial statement for the first quarter of the current financial year (FY), reporting a 4.29% increase in net profit compared to the same period last year. According to the company’s financial...


Sun Nepal Life Reports Strong Financial Growth, Profit Up by 9.85%

Kathmandu – Sun Nepal Life has reported robust financial growth  of 166.1 million by the first quarter in the current financial year. The company achieved a net profit of 165.3 million rupees last fiscal year, and this year’s results...


Sanima Reliance Life Reports 19% Profit Growth, Highlights Strong Financial Performance

Kathmandu – Sanima Reliance Life Insurance Company has published its financial results for the first quarter of the current fiscal year 2081-082, reflecting significant growth across key financial indicators. The company recorded a profit of Rs. 132.9 million in...


Rastriya Jeevan Beema Company Records Financial Growth in First Quarter

Kathmandu – Rastriya Jeevan Beema Company Limited has released its financial statement for the first quarter of the current fiscal year, reporting a profit of Rs. 2.2 million. The company earned Rs. 37.8 million same period last year. The...


Citizen Life Insurance Sees Strong Profit and Fund Growth in First Quarter

Kathmandu – Citizen Life Insurance Company Limited has reported a substantial increase in profit and growth across other financial metrics in its unadjusted financial statement for the first quarter of the current financial year. The company’s life insurance fund...


Asian Life Insurance Achieves 42% Profit Growth in First Quarter

Kathmandu – Asian Life Insurance Company has reported a strong financial performance for the first quarter of the current financial year, with a 42.07% increase in net profit compared to the same period last year. The company posted a...


National Life Insurance Company Shows Strong Financial Growth in First Quarter

Kathmandu – National Life Insurance Company has reported a solid performance in the first quarter of the current financial year, as revealed in its latest financial statements. The company has demonstrated progress across various key indicators, including its life...