Kathmandu – Rastriya Jeevan Beema Company Limited has released its financial statement for the first quarter of the current fiscal year, reporting a profit of Rs. 2.2 million. The company earned Rs. 37.8 million same period last year. The...

Kathmandu – Citizen Life Insurance Company Limited has reported a substantial increase in profit and growth across other financial metrics in its unadjusted financial statement for the first quarter of the current financial year. The company’s life insurance fund...

Kathmandu – Asian Life Insurance Company has reported a strong financial performance for the first quarter of the current financial year, with a 42.07% increase in net profit compared to the same period last year. The company posted a...

Kathmandu – National Life Insurance Company has reported a solid performance in the first quarter of the current financial year, as revealed in its latest financial statements. The company has demonstrated progress across various key indicators, including its life...

Kathmandu – Despite the prevailing political and economic uncertainties, Nepal’s life insurance sector has shown resilience by recording a 7.47% growth in business during the first quarter of the current financial year. The 14 life insurance companies operating in...

The UNDP’s Sustainable Insurance Forum (SIF) unveiled a critical report, Supervisory Thinking on Insurance-related Climate Transition Plans on Finance Day at COP29 in Baku, Azerbaijan. This report provides valuable guidance for insurance supervisors navigating the complexities of the global...

Kathmandu – The Nepal Insurance Authority (NIA) and the Actuarial Society of Nepal (ASN) have signed a memorandum of understanding (MoU) to enhance cooperation in actuarial science, marking a significant milestone for Nepal’s insurance sector. The MoU was signed...

Kathmandu – Non-life insurance companies in Nepal have paid a total of NPR 617 million for claims related to the devastating floods and landslides of last September. According to data from the Nepal Insurance Authority, this represents settlements for...

Kathmandu – The MetLife Foundation has extended its Community Impact Grant Program (CIGP) to Nepal, supporting non-profit organizations that address pressing challenges in underserved communities. Three organizations working in the fields of hunger relief, housing, and environmental sustainability have...

Kathmandu – Floods across Nepal have resulted in insurance claims amounting to NPR 11.82 billion, according to data released by the Nepal Insurance Authority as of November 13. A total of 3,418 claims have been filed across 14 non-life...