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,...


Rastriya Jeevan Beema Company Sees 43.55% Decline in Profit in Q2

Kathmandu – Rastriya Jeevan Beema Company, a government-owned insurer, has reported a significant decline in key financial indicators for the second quarter of the current fiscal year. According to the company’s recently published financial statements, its net profit and...


MetLife Insurance Strengthens Financial Position, Profit Rises by 14.81%

Kathmandu – MetLife Insurance has demonstrated strong financial performance in the second quarter of the current fiscal year, showing improvement across key indicators such as profit, business growth, and interest income. The company’s latest financial statement highlights a steady...


Sun Nepal Life Records Rs 282.2 Million Profit in Q2 Despite Regulatory Challenges

Kathmandu – Sun Nepal Life Insurance has reported a net profit of Rs 282.2 million in the second quarter of the current fiscal year. The company’s latest financial statement, published today, shows a decline in profit compared to Rs...