Sagarmatha Lumbini Insurance Company Reports Loss in First Quarter of Current Financial Year

Kathmandu: Sagarmatha Lumbini Insurance Company Limited has published its unaudited financial statement for the first quarter of the current financial year, revealing a decline in profitability. The company reported a loss of Rs. 8.95 million during this period, marking...


Prabhu Insurance Reports 10% Profit Growth in First Quarter

Kathmandu – Prabhu Insurance Limited has released its financial statement for the first quarter of the current fiscal year, showing a 10% increase in net profit compared to the same period last year. The company earned a profit of...


NLG Insurance Reports Decrease in Profit Despite Growth in Insurance Fund

Kathmandu – NLG Insurance Company Limited has released its financial statement for the first quarter of the current fiscal year, revealing a mixed performance with a decrease in profit but a notable increase in the size of the insurance...


Nepal Insurance Company Reports Decrease in Profit for First Quarter of Current Financial Year

Kathmandu: Nepal Insurance Company Limited has released its financial statement for the first quarter of the current financial year, revealing a decline in both profit and earnings per share compared to the same period last year. The company posted...


Neco Insurance Reports Decrease in Profit Despite Strong Growth in Insurance Fund

Kathmandu: Neco Insurance Company has released its financial statement for the first quarter of the current fiscal year, revealing a decrease in profit despite positive growth in key financial indicators. The company reported a profit of Rs. 70.46 million...


National Insurance Company Reports Loss in First Quarter of Current Financial Year

Kathmandu: National Insurance Company has released its financial statement for the first quarter of the current fiscal year, showing a significant downturn in its financial performance compared to the same period last year. By the end of Ashoj (mid-October),...


United Ajod Insurance Reports Loss in First Quarter Due to Decreased Income

Kathmandu: United Ajod Insurance Limited has published its financial statement for the first quarter of the current fiscal year, revealing a significant decline in income and a shift from profit to loss. The company’s total income for the first...


Nepal’s Life Insurance Sector Sees 18.62% Profit Increase in First Quarter

Kathmandu: Nepal’s life insurance sector has shown robust growth in the first quarter of the current financial year, with the net profit of 14 life insurance companies collectively increasing by 18.62% compared to the same period last year. According...


Crest Micro Insurance Records Impressive Growth in First Quarter

Kathmandu – Crest Micro Insurance Company, which has made remarkable strides since its inception, has reported promising results for the first quarter of the current fiscal year. Crest Micro Life Insurance Limited earned a net profit of Rs. 1.15...


IME Life Insurance Reports 11.22% Increase in First Quarter

Kathmandu – IME Life Insurance Company has reported an 11.22% increase in its net profit for the first quarter of the current financial year, compared to the same period last year. The company’s net profit rose from NPR 130.3...