Sanima GIC Insurance Records Rs 233.5 Million Profit in Q3

Kathmandu — Sanima GIC Insurance has published its third quarter financial report for the current fiscal year 2081/82, reporting a net profit of Rs 233.5 million by the end of Chaitra. During the review period, Sanima GIC’s total income...


Trust Micro Insurance Sees Massive Surge in Interest Income but Profit Plunges in Q3

Kathmandu — Trust Micro Insurance has released its third quarter financial report for the current fiscal year, reflecting a dramatic rise in net interest income but a sharp drop in net profit due to soaring expenses. The company posted...


NLG Insurance Posts Rs 123.3 Million Profit in Q3, Business Indicators Show Growth

Kathmandu – NLG Insurance Company Limited has released its financial report for the third quarter of the current fiscal year, showcasing a mixed performance with strong growth in key business indicators despite a decline in net profit. The company...


Shikhar Insurance Reports Rs 357 Million Profit in Current Fiscal Year

Kathmandu — Shikhar Insurance Company has published its third-quarter financial statement for the current fiscal year 2081/82, showing a stable performance with most indicators trending positively. As per the report, the company earned a net profit of Rs 357.05...


Sagarmatha Lumbini Insurance Reports 47% Drop in Net Profit Despite Modest Income Growth

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (Salico) has reported a significant decline in its net profit for the third quarter of the current fiscal year. According to the financial statement published today, the company earned a net profit...


Rastriya Jeewan Beema Company Records Over Rs 15.4 Million Profit In Q3 of Current Fiscal Year

Kathmandu — Rastriya Jeewan Beema Company Limited has reported a net profit of Rs 15.4 million in the third quarter of the current fiscal year, as per its financial statement published today. Despite the profit, the figure marks a...


Asian Life Insurance Reports 59.51% Surge in Net Profit in Q3

Kathmandu – Asian Life Insurance Company Limited has recorded a robust financial performance in the third quarter of the current fiscal year, reporting a net profit of Rs 334.7 million as of end of Chaitra. This marks a significant...


IME Life Insurance Partners with HAMS Hospital to Offer Special Discounts to Policyholders, Agents, and Employees

Kathmandu – IME Life Insurance Company has entered into an agreement with HAMS Hospital, offering exclusive discounts on medical services and medicines to its policyholders, agents, and employees. As per the collaboration, policyholders of IME Life will receive a...


Prabhu Mahalaxmi Life Insurance Upgraded to ‘BBB-‘ Rating by ICRA Nepal

Kathmandu — The credit rating of Prabhu Mahalaxmi Life Insurance has improved following a robust financial performance in the fiscal year 2080/81. ICRA Nepal, a prominent credit rating agency, upgraded the company’s issuer rating from “[ICRANP-IR] BB+” to “[ICRANP-IR]...


NEPSE Adjusts Bonus Share Price of Neco Insurance

Kathmandu — The Nepal Stock Exchange (NEPSE) has adjusted the share price of Neco Insurance Limited following the company’s announcement of a 7 percent bonus share. As per the adjustment, the new reference price has been set at Rs...