5 Percent Bonus Shares of Samata Gharelu Laghubitta Credited to Demat Accounts

Kathmandu — Samata Gharelu Laghubitta Bittiya Sanstha Limited has informed that 5 percent bonus shares have been credited to the beneficiary (demat) accounts of its shareholders. The 5 percent bonus shares, approved by the company’s 12th Annual General Meeting...


Microfinance Conference Wraps Up with Focus on Youth, Green Finance, and Economic Change

Kathmandu — The Fifth National Microfinance Members’ Conference 2082 has wrapped up in the capital, ending with a nine-point declaration that sets out a forward-looking agenda for the sector. Over two days, participants emphasized expanding entrepreneurship through microfinance and...


Guardian Micro Life Holds Third Annual General Meeting

Kathmandu – Guardian Micro Life Insurance Limited has successfully held its third Annual General Meeting (AGM) on Poush 14, 2082 BS. The meeting took place at Hotel Airport, Biratnagar, Morang, under the chairmanship of Company Chairman Udip Shrestha. During...


Liberty Micro Life Insurance Reports 104% Surge in Net Profit in Q1

Kathmandu – Liberty Micro Life Insurance has reported a strong financial performance in the first quarter of the current fiscal year, earning a net profit of Rs 21.66 million. This marks a 104.73 percent increase compared to the Rs...


Guardian Micro Life Insurance Sees 33.66% Surge in First-Quarter Profit

Kathmandu – Guardian Micro Life Insurance Limited has published its first-quarter financial results for the current fiscal year, reporting a notable rise in profitability. According to the statement, the company’s net profit has increased by 33.66 percent compared to...


Crest Micro Life Insurance Appoints Binod Narsingh Shrestha as Independent Director

Kathmandu – Crest Micro Life Insurance Company Limited has appointed Binod Narsingh Shrestha as its new independent director. The decision was taken during the company’s 39th board meeting, held on the afternoon of Kartik 23 (November 10), to fill...


Micro Non-Life Insurance Companies Earn Over Rs 268 Million in First Quarter

Kathmandu: Micro non-life insurance companies in Nepal have collected a total insurance premium of more than Rs 268.1 million in the first quarter of the current fiscal year 2082/83 (Shrawan to Ashoj), according to data released by the Nepal...


Micro Life Insurance Companies Collect Rs 247.4 Million in First Quarter

Kathmandu – Micro life insurance companies in Nepal have collected a total insurance premium of Rs 247.4 million in the first quarter of the current fiscal year 2082/83, according to data from the Nepal Insurance Authority. Among the three...


Nepal Insurance Authority Renews 37 Insurance Companies Across Sectors

Kathmandu – The Nepal Insurance Authority has renewed a total of 37 insurance companies, including both government-owned and private sector institutions, by the end of Ashar 2081. The renewal covers companies operating in life, non-life, reinsurance, and microinsurance sectors,...


Employment in Insurance Sector on the Rise as Coverage Expands Across Nepal

Kathmandu — Nepal’s insurance sector has emerged as one of the most attractive employment destinations in recent years, providing job opportunities to more than 12,000 people nationwide. The growth of the industry, coupled with increased awareness and training programs,...