Ashish Dhakal Appointed Director of Himalayan Life Insurance

Kathmandu – Ashish Dhakal has been appointed as the director of Himalayan Life Insurance Limited. According to the company, Dhakal has been appointed to the vacant directorship position representing the general public group.   Company Secretary Ishwar Kumar Sedai...


Himalayan Everest Insurance to Hold 31st AGM on March 11

Kathmandu – Himalayan Everest Insurance Limited has announced that its 31st Annual General Meeting (AGM) will be held on Tuesday, March 11, 2025. The board of directors, in a meeting held on February 14, decided to conduct the AGM...


IME Life Insurance to Hold 8th AGM on March

Kathmandu: IME Life Insurance Company Limited has announced its 8th Annual General Meeting (AGM) scheduled for Sunday, March 9, 2025. The company’s board of directors, in a meeting held on February 14, decided to hold the AGM at 11...


Non-life Insurance Companies in Nepal Owe Rs 9.40 Billion in Net Insurance Claims

Kathmandu – The net insurance claim payment arrears owed by non-life insurance companies in Nepal to the insured have reached Rs 9.40 billion, according to financial statements published by 14 non-life insurance companies operating in the country. The data...


Suryajyoti Life Insurance Pays Nearly Rs 500 Million in Insurance Claims

Kathmandu – Suryajyoti Life Insurance has paid insurance claims amounting to Rs 492.9 million during the period till the end of the month of Magh in the current financial year. According to the company’s latest disclosure, the claims were...


Nepal Micro Insurance Opens IPO Sale for General Public

Kathmandu – Nepal Micro Insurance Company Limited has opened its initial public offering (IPO) sale for the general public starting 23rd February 2025, following the successful completion of the first phase of IPO allocation. The company is issuing 2.25...


Protective Micro Insurance Sees Decline in Q2 Profit

Kathmandu – Protective Micro Insurance Limited has released its financial statement for the second quarter of the current financial year, reflecting a decline in profit despite maintaining strong financial indicators. The company reported a profit of Rs 7,34,000 during...


Liberty Micro Life Insurance Reports 28.67% Drop in Q2 Profit Despite Surge in Income

Kathmandu – Liberty Micro Life Insurance has published its financial statement for the second quarter of the current financial year, revealing a notable decline in profit despite a significant increase in overall income. The company recorded a profit of...


Life Insurance Companies in Nepal Earn Rs 85.90 Billion in Premiums in Second Quarter

Kathmandu – The 14 life insurance companies operating in Nepal have collectively earned Rs 85.90 billion in insurance premiums by the end of the second quarter of the current financial year, according to their recently published financial statements. This...


Non-life Insurance Companies in Nepal Owe NPR 39.73 Billion in Claim Payments in Q2

Kathmandu – Fourteen non-life insurance companies in Nepal collectively owe nearly NPR 40 billion in outstanding claim payments, raising serious concerns about the efficiency and oversight of the Nepal Insurance Authority. According to the financial statements published by these...