Trust Micro Insurance Sees Massive Surge in Interest Income but Profit Plunges in Q3

Kathmandu — Trust Micro Insurance has released its third quarter financial report for the current fiscal year, reflecting a dramatic rise in net interest income but a sharp drop in net profit due to soaring expenses. The company posted...


Protective Micro Insurance Records 39% Profit Surge in Q3 of Current Fiscal Year

Kathmandu – Protective Micro Insurance Limited has reported a net profit of Rs. 3.2 million in its third quarter financial statement for the current fiscal year, marking a 39.19% increase compared to the Rs. 2.3 million profit recorded during...


Crest Micro Life Insurance Reports Impressive Surge in Net Profit in Q3

Kathmandu – Crest Micro Life Insurance Limited has reported a significant financial upswing in its third quarter results for the current fiscal year, recording a net profit of Rs. 10.5 million by the end of Chaitra. This marks a...


Liberty Micro Life Insurance Sees Modest Profit Growth In Current Fiscal Year

Kathmandu — Liberty Micro Life Insurance Limited has reported a net profit of Rs 8.9 million by end of Chaitra of the current fiscal year, reflecting a modest 1.96 percent increase from Rs 8.74 million recorded during the same...


Star Micro Insurance Reports Sharp Decline in Net Profit Despite Surge in Premium Income

Kathmandu – Star Micro Insurance Company Limited has reported a significant rise in net insurance premium income but suffered a sharp decline in profitability in the third quarter of the current fiscal year. According to the company’s unaudited financial...


Nepal Micro Insurance Announces Date for Annual General Meeting

Kathmandu — Nepal Micro Insurance Company Limited has announced that it will convene its second annual general meeting (AGM) on Jestha 16 (May 30), 2082, at the Bharatpur Garden Resort in Chitwan. The meeting is scheduled to begin at...


Nepal Micro Insurance Company Reports Surge in Premium Income but Sharp Drop in Profit

Kathmandu — Nepal Micro Insurance Company has reported a notable rise in net premium earnings for the third quarter of the current fiscal year. The company earned Rs. 54 million in net premiums during the quarter, marking a remarkable...


Micro Life Insurance Companies Earn Rs 855 Million in Premiums by Q3

Kathmandu — Micro life insurance companies operating in Nepal have earned a total of Rs 855.6 million in insurance premiums by the third quarter of the current fiscal year, according to data released today by the Nepal Insurance Authority....


Guardian Micro Life Insurance Reports Rs 27.4 Million Net Profit in Q3

Kathmandu – Guardian Micro Life Insurance Limited has reported a net profit of Rs 27.4 million for the third quarter of the current fiscal year, marking a significant leap from just Rs 700,000 in the same period last year....


Trust Micro Insurance Calls Second AGM with IPO Proposal

Kathmandu – Trust Micro Insurance Limited has announced its second annual general meeting (AGM), scheduled to take place on Jestha 1 (May 15) at Maharaja Resort in Rupandehi. A key agenda item for the AGM is the proposal to...