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...


The General Assembly of Reliable Nepal held on 12th of February

Kathmandu : The seventh annual general meeting of Reliable Nepal Life Insurance Limited was held on 12th of February, 2024 A.D (29th Paush, 2080 B.S). The meeting of the board of directors held on 18th of January, 2024 A.D...


Nepal Telecom earned nearly four billion rupees in 6 months

Kathmandu :  Nepal Telecom Limited has managed to earn a profit of nearly four billion rupees in the period up to the second quarter of the current fiscal year. According to the financial statement published by the company, in...


Nepal Re-insurance Company will sell 3.5 million shares of 4 founders

Kathmandu : Nepal Re-insurance Company is going to sell 3.5 million shares. The company is going to sell 3 million 587 thousand 434 shares owned by the four founding shareholders from 20th of February, 2024 A.D (8th of Falgun,...


Nepal Life Co. Ltd’s Chandragadi Sub Branch handover Insurance Claim Payment

Kathmandu : Nepal Life Insurance Company Chandragadi sub-branch has paid the insurance claim. The company organized a money handover program to provide claim payments to the dependent families of the insured. On 30th Chaitra, 2068 B.S (12th April, 2012...


Community and member oriented cooperatives are better than banks

Kathmandu : Uddhav Sapkota, president of Bagmati Province Savings and Credit Cooperative Association (Bagmati Province), has said that the state should help when there is a problem in the cooperative. Organized the Bagmati Provinc Project, National Cooperative Bank’s technical...


World Bank’s going to organize international conference in Nepal

Kathmandu : The World Bank International Conference will be held in Nepal. Finance Minister Dr. Prakasharan Mahat said that it will be organize in Nepal at the international conference of the World Bank. Minister Mahat, while speaking at the...