Met Life Insurance Reports Rs 496.1 Million Profit, Insurance Fund Rose by 15.54 Percent

Kathmandu – Met Life Insurance Company Limited has released its financial statements for the fourth quarter of the fiscal year 2081/82, reflecting a mixed performance across key financial indicators. According to the report, the company’s net profit stood at...


NLG Insurance Posts Profit Growth, Expands Insurance Fund in FY 2081/82

Kathmandu — NLG Insurance Company Limited has reported positive growth in key financial indicators for the fiscal year 2081/82, according to the annual financial statements released by the company. The company’s net profit rose by 9.66 percent, reaching Rs...


Sanima GIC Insurance Reports Profit Growth in FY 2081/82, Total Income Reaches 1.47 Billion

Kathmandu — Sanima GIC Insurance Limited has reported a solid financial performance for the last fiscal year, with growth in profit, earnings per share (EPS), and a stronger capital base. According to the company’s fourth quarter financial statement, net...


SuryaJyoti Life Insurance Reports Steady Growth in FY 2081/82, Insurance Fund Grew By 25.50 Percent

Kathmandu — SuryaJyoti Life Insurance Company Limited has reported a steady financial performance for the last fiscal year 2081/82, with notable growth across key indicators. According to the company’s fourth quarter financial statement, its net profit rose by 1.45...


Nepal Micro Insurance Reports Rs 1.6 Million Profit, Premium Income Surges

Kathmandu — Nepal Micro Insurance Company Limited has reported a net profit of Rs 1.657 million for the last fiscal year, marking a 43.91 percent drop from the Rs 2.954 million recorded in the previous fiscal year. Despite the...


Supreme Court Declines Interim Order on Foreign Employment Term Insurance Pool Case

Kathmandu — The Supreme Court has refused to issue an interim order on a writ petition challenging the Nepal Insurance Authority’s decision to operate a foreign employment term insurance pool. A joint bench of Justices Til Prasad Shrestha and...


National Insurance Publishes FY 2081/82 Financial Results

Kathmandu — National Insurance Company Limited has posted a net loss of Rs 623.9 million for the fiscal year 2081/82, a sharp reversal from the Rs 266.7 million profit recorded in the previous year, according to its fourth-quarter financial...


Swiss Re Updates Life Guide with Guidance on Repurposed Longevity Drugs

Zurich — Swiss Re has updated its Life Guide, introducing new underwriting guidance for life insurance applicants who may be using repurposed longevity drugs—a growing trend among health-conscious individuals. The update addresses medications such as metformin and rapamycin, originally...


Salico Reports Rs 403.2 Million Profit, Insurance Fund Nears Rs 7 Billion

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (Salico) has reported a net profit of Rs 403.2 million for the end of the fiscal year 2081/82, reflecting a 12.53% decline compared to Rs 460.9 million recorded in the previous fiscal...


Ten Commercial Banks Report Strong Growth; Nabil, Everest, and Agricultural Development Bank Lead Performance

Kathmandu — Nepal’s commercial banking sector has reported strong financial results for the fiscal year 2081/82, with most banks reporting improved profitability, stronger balance sheets, and healthier financial indicators. According to the latest disclosures, 10 out of 20 commercial...