Kathmandu — Himalayan Reinsurance Limited has posted a net profit of Rs 989.3 million in the third quarter of the current fiscal year, reflecting a 6.25% year-on-year growth compared to Rs 931.1 million in the same period last year....

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has announced the sale of 418,826 units of promoter shares, inviting applications from its existing promoter shareholders. According to the company, interested promoter shareholders must submit their applications within 35 days at...

Japan’s insurance market is projected to grow from USD 324.77 billion in 2024 to USD 496.53 billion by 2033, marking a compound annual growth rate (CAGR) of 4.83%, according to a recent report by Astute Analytica. The report attributes...

Kathmandu — Sanima Reliance Life Insurance has distributed school bags to students of Bajedi Adharbhut School in Bajura district. The distribution program was held on Baisakh 24 (May 7) under the company’s corporate social responsibility (CSR) initiative. A total...

Kathmandu – The profitability of Nepal’s non-life insurance sector has taken a significant hit, with companies posting a sharp decline in earnings during the third quarter (Shrawan–Chaitra) of the current fiscal year 2081/82. According to financial disclosures, the cumulative...

Kathmandu – United Ajod Insurance has recorded a sharp decline in profitability in the third quarter of the current fiscal year, with its net profit falling by 57.65% compared to the same period last year. As per the unaudited...

Kathmandu — National Insurance Company Limited has published its financial report for the third quarter of the current fiscal year, revealing a downturn in its financial performance. According to the report, the company has incurred a loss of Rs...

Kathmandu – The net profit of life insurance companies in Nepal surged by 11.93% in the third quarter of the current fiscal year, reflecting positive business momentum and improved management practices across the sector. According to the financial statements...

Kathmandu — Sun Nepal Life Insurance Company Limited has officially opened the public issuance of its right shares starting today, following approval from the Securities Board of Nepal (SEBON). The company is issuing a total of 1,696,320 units of...

Kathmandu — Neco Insurance Limited has unveiled its financial results for the third quarter of the current fiscal year 2081/82, reporting a slight dip in net profit despite growth in net insurance premium and total income. The company reported...