Kathmandu – Nepal Micro Insurance Company Limited has opened its initial public offering (IPO) sale for the general public starting 23rd February 2025, following the successful completion of the first phase of IPO allocation. The company is issuing 2.25...

Kathmandu – Protective Micro Insurance Limited has released its financial statement for the second quarter of the current financial year, reflecting a decline in profit despite maintaining strong financial indicators. The company reported a profit of Rs 7,34,000 during...

Kathmandu – Liberty Micro Life Insurance has published its financial statement for the second quarter of the current financial year, revealing a notable decline in profit despite a significant increase in overall income. The company recorded a profit of...

Kathmandu – The 14 life insurance companies operating in Nepal have collectively earned Rs 85.90 billion in insurance premiums by the end of the second quarter of the current financial year, according to their recently published financial statements. This...

Kathmandu – Fourteen non-life insurance companies in Nepal collectively owe nearly NPR 40 billion in outstanding claim payments, raising serious concerns about the efficiency and oversight of the Nepal Insurance Authority. According to the financial statements published by these...

Kathmandu – Nepal’s life insurance sector continues to show remarkable growth, with the life insurance fund of 14 life insurance companies reaching Rs. 737.2 billion by the second quarter of the current financial year. According to an analysis on...

Kathmandu – The Nepal Insurance Authority’s Executive Chairman, Madan Dahal, has been given additional responsibilities, assuming the role of Director General of the Inland Revenue Department. The Ministry of Finance announced his transfer, adding to his existing leadership in...

Kathmandu – After nearly two years of discussions and disputes, the government has finally approved the Insurance Regulation 2081. The regulation, which had been a major point of contention between the Insurance Authority and agents, introduces new provisions regarding...

Kathmandu – The combined profit of 14 non-life insurance companies in Nepal has dropped significantly by 59.38% in the second quarter of the current financial year. According to the financial statements published by these companies, their collective net profit...

Kathmandu – IGI Prudential Insurance Company Limited has published its financial statement for the second quarter of the current financial year, reporting a significant decline in net profit due to reduced income and net insurance premiums. According to the...