MetLife Insurance Reports 4.29% Increase in Q1 Profit

Kathmandu – MetLife Insurance Company has released its financial statement for the first quarter of the current financial year (FY), reporting a 4.29% increase in net profit compared to the same period last year. According to the company’s financial...


Sun Nepal Life Reports Strong Financial Growth, Profit Up by 9.85%

Kathmandu – Sun Nepal Life has reported robust financial growth  of 166.1 million by the first quarter in the current financial year. The company achieved a net profit of 165.3 million rupees last fiscal year, and this year’s results...


Sanima Reliance Life Reports 19% Profit Growth, Highlights Strong Financial Performance

Kathmandu – Sanima Reliance Life Insurance Company has published its financial results for the first quarter of the current fiscal year 2081-082, reflecting significant growth across key financial indicators. The company recorded a profit of Rs. 132.9 million in...


Rastriya Jeevan Beema Company Records Financial Growth in First Quarter

Kathmandu – Rastriya Jeevan Beema Company Limited has released its financial statement for the first quarter of the current fiscal year, reporting a profit of Rs. 2.2 million. The company earned Rs. 37.8 million same period last year. The...


Citizen Life Insurance Sees Strong Profit and Fund Growth in First Quarter

Kathmandu – Citizen Life Insurance Company Limited has reported a substantial increase in profit and growth across other financial metrics in its unadjusted financial statement for the first quarter of the current financial year. The company’s life insurance fund...


Asian Life Insurance Achieves 42% Profit Growth in First Quarter

Kathmandu – Asian Life Insurance Company has reported a strong financial performance for the first quarter of the current financial year, with a 42.07% increase in net profit compared to the same period last year. The company posted a...


National Life Insurance Company Shows Strong Financial Growth in First Quarter

Kathmandu – National Life Insurance Company has reported a solid performance in the first quarter of the current financial year, as revealed in its latest financial statements. The company has demonstrated progress across various key indicators, including its life...


Life Insurance Sector in Nepal Records 7.47% Growth Amid Economic Challenges

Kathmandu – Despite the prevailing political and economic uncertainties, Nepal’s life insurance sector has shown resilience by recording a 7.47% growth in business during the first quarter of the current financial year. The 14 life insurance companies operating in...


UNDP’s SIF Report Highlights Insurance Sector’s Role in Climate Transition

The UNDP’s Sustainable Insurance Forum (SIF) unveiled a critical report, Supervisory Thinking on Insurance-related Climate Transition Plans on Finance Day at COP29 in Baku, Azerbaijan. This report provides valuable guidance for insurance supervisors navigating the complexities of the global...


Nepal Insurance Authority and Actuarial Society of Nepal Sign MoU for Collaborative Efforts in Actuarial Science

Kathmandu – The Nepal Insurance Authority (NIA) and the Actuarial Society of Nepal (ASN) have signed a memorandum of understanding (MoU) to enhance cooperation in actuarial science, marking a significant milestone for Nepal’s insurance sector. The MoU was signed...