Crest Micro Life Insurance Introduces New Micro Insurance Plan for Marginalized Communities

Kathmandu – Crest Micro Life Insurance Limited has introduced the “Samriddhi Agrim Bhuktani Laghu Beema” scheme, aimed at empowering low-income groups, marginalized communities, and residents of underprivileged areas. The scheme aligns with the company’s vision of providing financial security...


Global Insurance Forum 2024: A Convergence of Innovation and Leadership in Miami

Miami, FL – The Global Insurance Forum (GIF) 2024, hosted by the International Insurance Society (IIS), took place from November 17 to 19 at the Hyatt Regency Miami, bringing together industry leaders, innovators, and policymakers from around the world....


Non-Life Insurance Companies in Nepal Pay Rs. 4.24 Billion in Claims in First Quarter

Kathmandu – In the first quarter of the current financial year, non-life insurance companies in Nepal paid a total of Rs. 4.24 billion in insurance claims. The claims were paid by 14 non-life insurance companies to their insured within...


Nepal’s Non-Life Insurance Sector Faces Significant Decline In Profits, with Some Companies Showing Growth

Kathmandu – The financial performance of Non-life Insurance Companies has seen a significant decline in the first quarter of the current fiscal year, with an overall 86% drop in profits across the non-life insurance sector in Nepal. According to...


Shikhar Insurance Reports Modest Profit Growth in First Quarter

Kathmandu – Shikhar Insurance Company Limited has released its financial statement for the first quarter of the current fiscal year, showing a 2.5% increase in net profit compared to the same period last year. The company’s profit has risen...


Siddhartha Premier Insurance Reports Strong Growth in First Quarter

Kathmandu – Siddhartha Premier Insurance Limited has released its financial statement for the first quarter of the current fiscal year, showing significant improvements across key financial indicators. The company earned a profit of Rs. 64 million in the first...


Sanima GIC Insurance Reports Strong Growth in Profit and Key Financial Indicators for First Quarter

Kathmandu: Sanima GIC Insurance Company Limited has published its financial results for the first quarter of the current financial year, showing significant growth in profit, total insurance fee earnings, and other key financial metrics. For the first three months...


Sagarmatha Lumbini Insurance Company Reports Loss in First Quarter of Current Financial Year

Kathmandu: Sagarmatha Lumbini Insurance Company Limited has published its unaudited financial statement for the first quarter of the current financial year, revealing a decline in profitability. The company reported a loss of Rs. 8.95 million during this period, marking...


Prabhu Insurance Reports 10% Profit Growth in First Quarter

Kathmandu – Prabhu Insurance Limited has released its financial statement for the first quarter of the current fiscal year, showing a 10% increase in net profit compared to the same period last year. The company earned a profit of...


NLG Insurance Reports Decrease in Profit Despite Growth in Insurance Fund

Kathmandu – NLG Insurance Company Limited has released its financial statement for the first quarter of the current fiscal year, revealing a mixed performance with a decrease in profit but a notable increase in the size of the insurance...