Frankfurt (Reuters) — The global reinsurance giant Swiss Re has posted a 16% year-on-year rise in net profit for the first quarter of  the year 2025, defying expectations even as it absorbed $570 million in claims from devastating wildfires...

Kathmandu – Suryajyoti Life Insurance has disbursed insurance claims amounting to Rs 713 million in the first ten months of the ongoing fiscal year 2081/82. The company settled a total of 2,046 claims during this period, reflecting its commitment...

Kathmandu – The average solvency ratio of Nepal’s non-life insurance companies has shown a modest improvement in the second quarter of the current fiscal year, reaching 3.28-up from last year’s 2.62. This improvement reflects the overall financial strength of...

Kathmandu — Nepal Reinsurance Company Limited has reported a net profit of Rs 63.3 million for the first quarter of the current fiscal year, a significant turnaround from the net loss of Rs 475.6 million recorded in the same...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has announced its eighth Annual General Meeting (AGM), scheduled for 11 AM on Jestha 26 (June 9) at Amrapali Banquet, Kathmandu. The company’s board of directors has proposed the distribution of 8...

Kathmandu – Sanima Reliance Life Insurance’s ‘Shubha Lakshmi Life Insurance Plan’ is receiving increasing interest among policyholders, especially those in high-risk professions and with moderate incomes. The plan stands out in the market for offering up to three times...

Kathmandu – Marking the 57th Insurance Day, a group of business students from Pokhara University took to the streets of Lekhnath with a clear message that insurance is not just a policy, it’s a pillar of financial security. Under...

Kathmandu – Despite a slight dip in the average solvency ratio, Nepal’s life insurance sector continues to demonstrate strong financial health, with most companies maintaining a capacity well above the regulatory requirement. The third quarter financial reports of the...

Kathmandu – IME Life Insurance Company Limited continues to set a benchmark in the insurance sector with its transparent and efficient claim settlement process. In line with its commitment to customer service, the company has made public its claim...

Kathmandu — Chairman of the Nepal Insurance Authority, Sharad Ojha, has outlined a comprehensive action plan aimed at ensuring the sustainable development of Nepal’s insurance sector while enhancing service quality, transparency, and institutional efficiency. Speaking at the 57th anniversary...