Most of the insurance companies in NEPSE classification are in ‘G’ and ‘Z’, Nepal Insurance is only in group ‘A’.

Kathmandu : Nepal Stock Exchange (NEPSE) has published the classification of listed companies. According to public information, there are 31 companies in ‘A’, 35 in ‘B’, 70 in ‘G’ and 135 in ‘Z’ category. Among the insurance companies, only...


Life insurance companies spent more than 5.5 Billion Rupees on agent commission, although half of the Companies’ commission was reduced 

Kathmandu : Life insurance companies have released their financial statements for the second quarter of the current fiscal year 2080/81 B.S (2023 A.D). The life insurance companies currently under management have spent 5 billion 883 million 258 thousand Rupees...


In collective farming, farmers now have to pay for accident insurance separately, The time period has been reduced

Kathmandu : In collective farming, now farmers have to pay separate accident insurance. The Nepal Insurance Authority has issued 8-point instructions regarding accident insurance and has arranged that the accident insurance of collective farming where farmers should purchase insurance...


Banks started using Standing Deposit Facility, 28 Billion Rupees deposited

Kathmandu : Banks have started using Standing deposit facility. On 14th of February, 2024 A.D (2nd of Falgun, 2080 B.S) banks deposited 27 billion 850 million Rupees in Central Bank of Nepal (Nepal Rastra Bank). Banks have kept the...


600 Billion 320 Million Rupees accumulated in the insurance fund of life insurance companies

Kathmandu: By the end of the current fiscal year 2023/24 A.D (2080/81 B.S), the size of the insurance fund of 14 life insurance companies has increased by 11.89 percent. According to the financial statements published by the life insurance...


Nepal Reinsurance Company will sell 3.5 million shares of 4 founders

Kathmandu : Nepal Reinsurance Company is going to sell 3.5 million shares. The company is going to sell 35 lakh 87 thousand 434 shares owned by the four founding shareholders from the 8th February. 2 million shares owned by...


Net profit growth of Neco Insurance, progress in all indices, insurance business over billion

Kathmandu : Neco Insurance Company has published the second quarter financial statement of the current year. According to the raw financial statement, both the profit and the insurance business of Neco Insurance Company have increased. The company’s insurance business...


The total premium income of life insurance companies increased by 12%, with growth rate of Sanima and Nepal Life leading the way

Kathmandu : Till the second quarter of the current financial year, the total premium income of 13 life insurance companies is 69.35 billion rupees. During the same period of the previous year, this amount of these life insurance companies...


LIC Nepal’s progress in all indices, 1 trillion 13 billion profit in life insurance fund increased by 59 percent

Kathmandu : LIC Nepal has published the financial statement for the second quarter of the current year. According to size of the company’s life insurance fund has exceeded 1 trillion 13 billion, and jump in profits.According to the unrevised...


The net profit of the life insurance company increased by 20 percent

Kathmandu : By the second quarter of the current financial year, the net profit of the life insurance companies under management has increased by 20.43 percent. This has been shown in the financial statements published by the companies up...