Liberty Micro Life Insurance Successfully Concludes Annual Convention 2082 in Chitwan

Kathmandu – Liberty Micro Life Insurance Limited has successfully concluded its annual convention, the ‘Liberty Annual Convention 2082’, held from Bhadra 13 to 15 (August 29 to 31) in Sauraha, Chitwan. The three-day event brought together the company’s directors,...


Trust Micro Insurance and Cell Pay Sign MoU to Expand Digital Insurance Services

Kathmandu – Trust Micro Insurance Limited and Cell Pay Pvt. Ltd. have signed a Memorandum of Understanding (MoU) to deliver insurance services through digital technology, making access to insurance simpler and more customer-friendly. The MoU was signed by Biswajan...


Protective Micro Insurance Opens New Sub-Branch in Mahendranagar, Kanchanpur

Kathmandu – Protective Micro Insurance Limited has inaugurated a new sub-branch office in Mahendranagar, Bhimdatta Municipality-4, Kanchanpur, as part of its expansion plan for the current fiscal year 2082/83. The sub-branch was officially opened by Bishnu Prasad Ghimire, Head...


Micro Non-Life Insurers Collect Rs 78.2 Million Premium in the month of Shrawan

Kathmandu – Micro non-life insurance companies in Nepal earned a total insurance premium of Rs 78.2 million in Shrawan, the first month of the current fiscal year 2082/83. According to financial statements released by the Nepal Insurance Authority, the...


ICRA Nepal Reaffirms Crest Micro Life Insurance’s Double B Rating

Kathmandu – Investment Information and Credit Rating Agency (ICRA) Nepal has reaffirmed the issuer rating of Crest Micro Life Insurance Limited, assigning the company an ICRANP-IR Double B rating. The rating indicates that Crest has adequate capacity to meet...


Microinsurance Companies in Nepal Invest Nearly Five Billion Rupees in Q4 of FY 2081/82

Kathmandu – Microinsurance companies operating in Nepal have made significant strides in financial investments, totaling approximately Rs 4.80 billion as of the fourth quarter of the last fiscal year 2081/82, according to data released by the Nepal Insurance Authority....


Lock-in Period of Crest Micro Life Insurance’s 125,500 Shares to Open on Ashoj

Kathmandu – The lock-in period for 125,500 shares of Crest Micro Life Insurance Limited is set to open on Ashoj 5 (September 21). Out of the company’s 2.25 million IPO shares issued to the public, 112,500 shares (5 percent)...


Trust Micro Insurance Reports Rs 4.63 Million Profit for FY 2081/82

Kathmandu – Trust Micro Insurance Company has published its unaudited financial statements for the fiscal year 2081/82, reflecting a mixed performance with profit contraction but notable growth in premium income and reserves. According to the company, its net profit...


Protective Micro Insurance Appoints Laxmi Sunrise Capital as Share Issue Guarantor

Kathmandu — Protective Micro Insurance Limited has appointed Laxmi Sunrise Capital Limited as the guarantor for its upcoming issuance of 22,50,000 units of ordinary shares. An agreement to this effect was signed between Bijay Lal Shrestha, Chief Executive Officer...


Guardian Micro Life Insurance Reports Exceptional Growth in Fiscal Year 2081/82

Kathmandu – Guardian Micro Life Insurance Limited has posted remarkable growth across all major financial indicators in the last fiscal year, according to its final quarterly financial statement released today. The company reported a net profit of Rs 60.1...