Kathmandu — Nepal Insurance Authority Chairman Sharad Ojha has called on all stakeholders in the insurance sector—including insurers, agents, employees, and surveyors to work diligently to build and restore credibility among citizens. Speaking today at a Pharabhat Pheri (morning...

Kathmandu – Life insurance companies listed on the Nepal Stock Exchange (NEPSE) have published their third-quarter financial reports for the current fiscal year, with Nepal Life Insurance emerging as the market leader across several indicators. Capital and Reserves Himalayan...

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...