LIC Nepal’s Reports Growth in Life Insurance Fund by 132.92 Billion

Kathmandu — Life Insurance Corporation (Nepal) Limited (LIC Nepal) has reported a net profit of Rs 315.8 million for the fiscal year 2081/82, marking a significant decline of 61.92% from Rs 829.6 million earned in the previous year. Despite...


Nepal Life Insurance Posts Strong Growth in FY 2081/82, Life Insurance Fund Reaches Rs 233 Billion

Kathmandu — Nepal Life Insurance, the country’s largest life insurer, has reported significant growth in its key financial indicators for the fiscal year 2081/82, with its life insurance fund surging to Rs 233 billion. This marks a notable rise...


National Life Insurance Posts Rs 412.8 Million in Net Profit, Total Income Reaches 28.64 Billion

Kathmandu – National Life Insurance Company Limited has reported a net profit of Rs 412.8 million in the fourth quarter of the last fiscal year, marking a significant decline of 56.22 percent compared to Rs 942.8 million earned in...


IGI Prudential Reports Strong Financial Performance in FY 2081/82, Net Insurance Premium Increase by 12.26%

Kathmandu – IGI Prudential Insurance Company Limited has released its financial statement for the fourth and final quarter of the last fiscal year, highlighting notable growth across key financial indicators. The company reported a net insurance premium of Rs...


Himalayan Life Insurance Reports Rs 546.9 Million Profit, Life Insurance Fund Reaches Rs 76.94 Billion

Kathmandu — Himalayan Life Insurance Limited has reported a net profit of Rs 546.9 million for the fourth quarter of fiscal year 2081/82, marking a 13.71% decline from Rs 633.8 million in the same period last year. Despite the...


Neco Insurance Reports Rs 550.8 Million Profit in FY 2081/82

Kathmandu — Neco Insurance Company Limited has posted a net profit of Rs 550.8 million for the fiscal year 2081/82, according to its fourth-quarter financial statements published today. Despite a slight decline in profit, the company has shown impressive...


IME Life Insurance Expands Life Insurance Fund to Rs 13.10 Billion, Total Income Increases by 20%

Kathmandu — IME Life Insurance Company Limited has reported substantial growth in its life insurance fund for the fiscal year 2081/82, reaching Rs 13.10 billion — a 42.97% increase from Rs 9.16 billion in the previous year. The company’s...


United Ajod Insurance Reports Rs 216.4 Million Profit, Net Premium Increases by 7.29%

Kathmandu — United Ajod Insurance Limited has earned a net profit of Rs 216.4 million for the fiscal year 2081/82, a decline of 12.87% from Rs 248.4 million in the previous fiscal year, according to the company’s financial statements...


Sanima Reliance Life Insurance’s Profit Rises 7.60%, Life Insurance Fund Grows to Rs 19.29 Billion

Kathmandu — Sanima Reliance Life Insurance Company Limited has posted a net profit of Rs 377.4 million for the fiscal year 2081/82, reflecting a 7.60% increase from Rs 350.8 million in the previous year. According to the company’s financial...


Reliable Nepal Life Insurance’s Profit Soars 47.25%, Life Insurance Fund Reaches Rs 13.57 Billion

Kathmandu — Reliable Nepal Life Insurance Company Limited has reported strong growth in its financial performance for the fiscal year 2081/82, with net profit surging by 47.25% to Rs 571.95 million, up from Rs 387.2 million in the previous...