Neco Insurance Reports 29.48% Decline in Profit Despite Growth in Income

Kathmandu – Neco Insurance has published its financial statements for the second quarter of the current financial year, revealing a notable decline in profit despite an increase in income and insurance fee earnings. According to the report, the company...


Prabhu Insurance Reports Profit Growth Despite Decline in Premium Income

Kathmandu – Prabhu Insurance Company has recorded a profit of Rs 120 million in the first six months of the current fiscal year, reflecting an increase compared to the same period last year. According to the company’s unaudited financial...


Oriental Insurance Reports Loss in Second Quarter of Current Fiscal Year

Kathmandu – Oriental Insurance Company Limited has published its second-quarter financial report for the current fiscal year, revealing a decline in income and profitability. According to the report, the company earned Rs 659.9 million during this period, marking a...


NLG Insurance Reports Decline in Profit but Growth in Income and Insurance Fund

Kathmandu – NLG Insurance Company Limited has made public the second quarter financial statements of the current fiscal year. According to the financial statements, the company has earned a net profit of Rs 74.5 million till the second quarter...


Sanima GIC Reports 15.25% Profit Growth in Q2

Kathmandu – Sanima GIC has reported significant financial growth in the second quarter of the current fiscal year, with its net profit rising by 15.25% compared to the same period last year. The company’s profit reached Rs 121.6 million...


Shikhar Insurance Reports Strong Financial Growth in Q2, Profit Rises by 2.48%

Kathmandu – Shikhar Insurance Company Limited has reported significant growth in key financial indicators in the second quarter of the current fiscal year. The company’s recently published financial statements show improvements in profit, insurance fund size, and premium income....


IME Life Insurance Declares 21.05% Cash Dividend for Shareholders

Kathmandu – IME Life Insurance Company has announced a 21.05% cash dividend for its shareholders from the profits earned in the last fiscal year. The decision was made during the company’s board of directors meeting held on February 11....


Himalayan Everest Insurance Announces 8.75% Cash Dividend

Kathmandu—Himalayan Everest Insurance has announced a cash dividend for its shareholders from the distributable profits of the last fiscal year. In a board meeting held on February 11, the company decided to distribute an 8.75% cash dividend, including tax....


Life Insurance Sector Sees 14.85% Profit Growth, Earning Rs 3.48 Billion in Q2

Kathmandu — The life insurance sector in Nepal has recorded significant profit growth in the second quarter of the current fiscal year, with 14 life insurance companies collectively earning a net profit of Rs 3.48 billion. According to the...


National Life Insurance Sees 5.60% Profit Growth, Strengthens Financial Position

Kathmandu – National Life Insurance has reported steady financial growth in the second quarter of the current fiscal year, with key indicators reflecting strong performance. The company’s recently published financial statements show an increase in profit, insurance fund size,...