Micro-Insurance companies got permission for third party motor insurance, with a limit of 5 Million Rupees

Kathmandu : Nepal Insurance Authority has amended the micro-insurance directive by increasing the business scope of micro-insurance companies. The Authority has amended the Micro Insurance Directive (2022 A.D). In that decision, it has been arranged that the micro-insurance company...


Liberty Micro Life’s formal business launch, insurance expert Ghimire’s suggestion to focus on service rather than profit

Kathmandu : Dr. Rabindra Ghimire, an expert in the insurance sector has suggested to make the micro insurance business a service country rather than profit. He gave this suggestion in the program organized by Liberty Micro Life to start...


Guardian Micro Life’s New sub-Branch Opened in Pyuthan

Kathmandu: Guardian Micro Life has expanded its new sub-branch in Pyuthan. The company has launched a new sub-branch from Sunday to provide life insurance services to the rural peoples. Company’s regional manager Bimal Khadka, Pyuthan sub-branch chief Prakash Gautam,...


Five Microfinance Companies Bringing FPO of 29 Crores

Kathmandu : Five microfinance companies are in the pipeline for issuance of additional primary shares (AFPO) in the Nepal Securities Board. Awaiting FPO permission are Suryodaya Wami Microfinance, Mahuli Microfinance, Naya Sarathi, Samata Home Finance and Kisan Microfinance. Laguvitta...


1.36 times over Vision Lumbini Urja’s IPO 

Kathmandu: Unrefined financial statements for the first quarter of the current financial year have been released. The three microfinances are normal in terms of net profit. While the condition of Global and Gurans is relatively good, the condition of...


In the First Quarter, Which Company Excels Among Global and Gurans and First Microfinance?

Kathmandu : Unrefined financial statements for the first quarter of the current financial year have been released. The three microfinances are normal in terms of net profit. While the condition of Global and Gurans is relatively good, the condition...


Eighth Branch of Guardian Micro Life in Ghorahi

Kathmandu : Guardian Micro Life has expanded its eighth branch. The company has inaugurated its eighth branch office in Ghorahi, Dang. Ghorahi sub-metropolitan chief Narulal Chaudhary cut the ribbon and inaugurated the branch. On that occasion, Chowdhury said that...


Without Going Public, Micro Insurance Companies have Invested Around 2 Billion Rupees

Kathmandu : Micro Insurance Companies have invested nearly 2 billion rupees without distributing any investment shares for public. Four small insurance companies that are currently operating have invested 1.95 billion rupees in the financial year 2079-80 B.S (2023 A.D)....


What is Micro Insurance? Regions, Specialties and Operating Companies

Kathmandu: In general, micro insurance is insurance for low-income people against possible risks in the future.Micro insurance is an insurance aimed at protecting the life or property of such people who cannot face the risks due to low income,...


The Annual General Meeting of Nesdo Sambridha Microfinance was Held, and The Dividend Resolution was Passed

Kathmandu : The Annual General Meeting of Nesdo Samridha Microfinance Financial Institution has been completed on 13th October,2023 A.D. The general assembly of the company was held in the afternoon at Royal Kushma Resort, Kushma, Parbat.In the meeting, the...