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,...


ICRA Nepal Reaffirms ‘Double B’ Rating for Protective Micro Insurance Limited

Dhangadhi – ICRA Nepal has reaffirmed the issuer rating of Protective Micro Insurance Limited (ICRA NP-IR) at ‘Double B’, indicating a medium risk in the company’s ability to meet its financial obligations on time. According to ICRA Nepal’s report,...


ICRA Nepal Reaffirms Liberty Micro Life’s Rating

Kathmandu — ICRA Nepal has reaffirmed the issuer rating of Liberty Micro Life Insurance Limited at ICRA NP-IR Double B Minus, reflecting continued confidence in the company’s ability to meet its financial obligations. The rating agency noted that Liberty...


Micro Life Insurance Sector Collects Rs 156.4 Million Premiums in First Two Months of Current FY

Kathmandu – Micro life insurance companies in Nepal have collected a total insurance premium of Rs 156.4 million in the first two months of the current fiscal year, reflecting steady growth in the sector. According to data released by...