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...


NLG Insurance Announces Dividend from Last Fiscal Year’s Profit

Kathmandu – NLG Insurance Company Limited has announced a dividend for its shareholders, drawn from the accumulated profit of the previous fiscal year. The company will distribute a 2.5% bonus share and a 0.131579% cash dividend (including tax) based...


MetLife Nepal Sees 27% Rise in Profit, Life Insurance Fund Surpasses Rs 28 Billion

Kathmandu – MetLife Nepal (Met American Life Insurance Company Limited) has reported a notable 27.61 percent increase in net profit in its unaudited third-quarter financial statement for the current fiscal year. The company posted a net profit of Rs...


Oriental Insurance Reports Loss Despite Growth in Premium Income and Business Volume

Kathmandu – Oriental Insurance Company has published its unaudited financial report for the third quarter of the current fiscal year, revealing a mixed performance marked by an increase in business volume and premium income but a downturn in profitability....


Protective Micro Insurance Records 39% Profit Surge in Q3 of Current Fiscal Year

Kathmandu – Protective Micro Insurance Limited has reported a net profit of Rs. 3.2 million in its third quarter financial statement for the current fiscal year, marking a 39.19% increase compared to the Rs. 2.3 million profit recorded during...


President Dhakal Invites Indian Investors to Seize Nepal’s Expanding Economic Opportunities

Kathmandu — Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has extended a strong invitation to Indian investors to explore Nepal’s rapidly expanding investment landscape, emphasizing the country’s stable economy, young workforce,...


Crest Micro Life Insurance Reports Impressive Surge in Net Profit in Q3

Kathmandu – Crest Micro Life Insurance Limited has reported a significant financial upswing in its third quarter results for the current fiscal year, recording a net profit of Rs. 10.5 million by the end of Chaitra. This marks a...


IGI Prudential Insurance Profit Drops 43.31% in Q3 Despite Growth in Premium Income

Kathmandu — IGI Prudential Insurance Company has reported a sharp decline in net profit in the third quarter of the current fiscal year, even as key indicators such as premium income and insurance fund size posted positive growth. According...