Kathmandu – Nepal Reinsurance Company has been unable to publish its fourth-quarter financial statement for fiscal year 2080/81 after inconsistencies were reportedly found across several accounting records. The delay has drawn the attention of the Insurance Authority, which has...

Kathmandu – Laxmi Ghimire, an agent of IME Life Insurance Company Limited, has successfully met the annual target set by the Million Dollar Round Table (MDRT) for Nepal in 2025. In addition, she has achieved the prestigious Court of...

Kathmandu – IGI Prudential Insurance Limited has signed an agreement with Alka Hospital, Jawalakhel, Lalitpur, to provide cashless hospitalization services to its policyholders. The agreement was formalized by Sharan Regmi, Deputy Chief Executive Officer of IGI Prudential Insurance Limited,...

Kathmandu – All 14 life insurance companies have published their first quarter financial statements for the current fiscal year, revealing a 12.25 percent growth in total life insurance business compared to the same period last fiscal year. By the...

Kathmandu – Life insurance agents across the country received a total commission of Rs 3.59 billion in the first three months of the current fiscal year, according to the latest industry data. This marks a 10.52 percent increase compared...

Kathmandu – Shikhar Insurance Company has organized a blood donation program on the occasion of its 21st anniversary, reinforcing its commitment to corporate social responsibility. The event, held at the company’s head office in Thapathali, saw enthusiastic participation from...

Kathmandu – Shikhar Insurance has prepared and published its first-quarter financial statements for the fiscal year 2082/83 in full compliance with the Nepal Financial Reporting Standard 17 (NFRS 17), Insurance Contracts. With this, Shikhar Insurance has become the first...

Kathmandu – Himalayan Reinsurance has released its financial report for the first quarter of fiscal year 2082/83, showing notable progress across key financial indicators, including profit, premium income, and reserve expansion. The company posted a profit of Rs 245.81...

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...