Non-Life Insurance Companies Earn 4.16 Billion Net Profit in FY 2081/82, Siddhartha Premier and Neco Insurance at the Lead

Kathmandu – The net profit of Nepal’s non-life insurance sector fell sharply in the last fiscal year 2081/82, declining by 28.92 percent compared to the previous year. According to the financial statements published by the 14 non-life insurance companies...


Nepal Insurance Reports Steady Growth in Premiums and Profit in FY 2081/82

Kathmandu — Nepal Insurance Company Limited has posted steady growth in key financial indicators, including premium income and profit, in the fiscal year 2081/82, according to its final quarterly financial statement released today. The country’s oldest insurance company earned...


Oriental Insurance Reports Net Profit of 82.9 Million in FY 2081/82

Kathmandu — The Oriental Insurance Company Limited has reported a sharp decline in its annual profit for the fiscal year 2081/82, according to financial statements published today. The company posted a net profit of Rs 82.9 million, an 86.9%...


Himalayan Everest Insurance Reports Strong Growth in Q4 Financials, Profit Rose by 5.09 Percent

Kathmandu – Himalayan Everest Insurance Limited has released its fourth-quarter financial statement for the last fiscal year 2081/82, reporting significant growth across key financial indicators. The company’s net profit rose from Rs 502.4 million in the previous fiscal year...


Prabhu Insurance Reports 211.9 Million in Profit, Total Income Rises by 9.36 Percent

Kathmandu – Prabhu Insurance Limited has reported robust financial performance for the last fiscal year, reflecting growth across key business and profitability indicators. According to the company’s recently published financial statements, Prabhu Insurance earned a net profit of Rs...


Asian Life Insurance Posts 24.57% Profit Growth, Life Insurance Fund Reaches Rs 47.7 Billion

Kathmandu — Asian Life Insurance Company Limited has reported strong financial performance for the fiscal year 2081/82, with net profit surging by 24.57% to Rs 409.3 million, compared to Rs 328.5 million in the previous year. The company’s catastrophe...


Sun Nepal Life Earns Rs 542.4 Million Profit, Life Insurance Fund Hits Rs 10.10 Billion

Kathmandu — Sun Nepal Life Insurance Company Limited has reported a net profit of Rs 542.4 million for the fiscal year 2081/82, a slight dip of 5.62% from the prior fiscal year. However, the company had a significant growth...


LIC Nepal’s Reports Growth in Life Insurance Fund by 132.92 Billion

Kathmandu — Life Insurance Corporation (Nepal) Limited (LIC Nepal) has reported a net profit of Rs 315.8 million for the fiscal year 2081/82, marking a significant decline of 61.92% from Rs 829.6 million earned in the previous year. Despite...


Nepal Life Insurance Posts Strong Growth in FY 2081/82, Life Insurance Fund Reaches Rs 233 Billion

Kathmandu — Nepal Life Insurance, the country’s largest life insurer, has reported significant growth in its key financial indicators for the fiscal year 2081/82, with its life insurance fund surging to Rs 233 billion. This marks a notable rise...


National Life Insurance Posts Rs 412.8 Million in Net Profit, Total Income Reaches 28.64 Billion

Kathmandu – National Life Insurance Company Limited has reported a net profit of Rs 412.8 million in the fourth quarter of the last fiscal year, marking a significant decline of 56.22 percent compared to Rs 942.8 million earned in...