Neco Insurance Reports Rs 550.8 Million Profit in FY 2081/82

Kathmandu — Neco Insurance Company Limited has posted a net profit of Rs 550.8 million for the fiscal year 2081/82, according to its fourth-quarter financial statements published today. Despite a slight decline in profit, the company has shown impressive...


IME Life Insurance Expands Life Insurance Fund to Rs 13.10 Billion, Total Income Increases by 20%

Kathmandu — IME Life Insurance Company Limited has reported substantial growth in its life insurance fund for the fiscal year 2081/82, reaching Rs 13.10 billion — a 42.97% increase from Rs 9.16 billion in the previous year. The company’s...


United Ajod Insurance Reports Rs 216.4 Million Profit, Net Premium Increases by 7.29%

Kathmandu — United Ajod Insurance Limited has earned a net profit of Rs 216.4 million for the fiscal year 2081/82, a decline of 12.87% from Rs 248.4 million in the previous fiscal year, according to the company’s financial statements...


Sanima Reliance Life Insurance’s Profit Rises 7.60%, Life Insurance Fund Grows to Rs 19.29 Billion

Kathmandu — Sanima Reliance Life Insurance Company Limited has posted a net profit of Rs 377.4 million for the fiscal year 2081/82, reflecting a 7.60% increase from Rs 350.8 million in the previous year. According to the company’s financial...


Reliable Nepal Life Insurance’s Profit Soars 47.25%, Life Insurance Fund Reaches Rs 13.57 Billion

Kathmandu — Reliable Nepal Life Insurance Company Limited has reported strong growth in its financial performance for the fiscal year 2081/82, with net profit surging by 47.25% to Rs 571.95 million, up from Rs 387.2 million in the previous...


Citizen Life Insurance Reports Rs 425 Million Profit, Life Insurance Fund Jumps 39%

Kathmandu — Citizen Life Insurance Company Limited has posted a net profit of Rs 425.01 million for the fiscal year 2081/82, marking a 1.16% decline from the previous year’s Rs 430.01 million Despite the slight drop in profit, the...


Prabhu Mahalaxmi Life Insurance Posts Rs 370.7 Million Profit in FY 2081/82

Kathmandu — Prabhu Mahalaxmi Life Insurance Company Limited has reported a net profit of Rs 370.7 million for the fiscal year 2081/82, reflecting a 1.25% increase compared to the previous year’s Rs 366.1 million. According to the company’s financial...


Shikhar Insurance Earns Rs 452.7 Million Profit in FY 2081/82

Kathmandu — Shikhar Insurance Company Limited has reported a net profit of Rs 452.7 million for the fiscal year 2081/82, according to the financial statements published today. This marks a slight increase compared to the previous fiscal year’s profit...


Protective Micro Insurance Appoints Laxmi Sunrise Capital as Share Issue Guarantor

Kathmandu — Protective Micro Insurance Limited has appointed Laxmi Sunrise Capital Limited as the guarantor for its upcoming issuance of 22,50,000 units of ordinary shares. An agreement to this effect was signed between Bijay Lal Shrestha, Chief Executive Officer...


Guardian Micro Life Insurance Reports Exceptional Growth in Fiscal Year 2081/82

Kathmandu – Guardian Micro Life Insurance Limited has posted remarkable growth across all major financial indicators in the last fiscal year, according to its final quarterly financial statement released today. The company reported a net profit of Rs 60.1...