Liberty Micro Life Insurance Sees Modest Profit Growth In Current Fiscal Year

Kathmandu — Liberty Micro Life Insurance Limited has reported a net profit of Rs 8.9 million by end of Chaitra of the current fiscal year, reflecting a modest 1.96 percent increase from Rs 8.74 million recorded during the same...


National Life Insurance Records 5.19% Rise in Net Profit of the Current Fiscal Year

Kathmandu — National Life Insurance Company Limited has posted a net profit of Rs 408.5 million by the end of Chaitra in the current fiscal year, marking a 5.19 percent increase from Rs 388.3 million during the same period...


Nepal Life Insurance Reports Rs 652.2 Million Net Profit in Q3, Life Insurance Fund Grows by 19.92%

Kathmandu — Nepal Life Insurance Company Limited has reported a net profit of Rs 652.3 million in the third quarter of the current fiscal year, marking an 8.64 percent increase from Rs 600.3 million recorded in the same period...


Sanima Reliance Life Insurance Reports Rs 337.6 Million Net Profit, Life Insurance Fund Jumps 44%

Kathmandu — Sanima Reliance Life Insurance has reported a net profit of Rs 337.6 million up to the end of Chaitra in the current fiscal year, reflecting a 10.77 percent increase compared to Rs 304.8 million during the same...


Sun Nepal Life Insurance Reports 33% Rise in Premium Income in Q3

Kathmandu — Sun Nepal Life Insurance Company has reported a 33 percent surge in total premium income for the third quarter of the current fiscal year. The company recorded a total premium income of Rs 3.71 billion, up from...


Asian Life Gets Approval from SEBON to Issue 42% Rights Shares

Kathmandu – Asian Life Insurance Company has received approval from the Securities Board of Nepal (SEBON) to issue 42 percent rights shares. The company will float 142.7 million units of rights shares in the ratio of 1:0.42 at a...


MetLife Nepal Certifies Agents Through Global Training Programs

Kathmandu — MetLife Nepal has awarded certificates to its life insurance agents, agencies, and unit managers who completed two internationally recognized training programs under the Life Insurance Management Research Association (LMRA). The participants successfully completed the Associate Insurance Sales...


War Risk Insurance Demand Rises Amid Indo-Pak Tensions Following Operation Sindoor

Mumbai (TOI) — Insurance providers across India have begun receiving a surge of enquiries for war risk cover following the recent military initiative, Operation Sindoor, carried out by Indian forces. Industry insiders say the sudden spike in demand is...


Nepal Reinsurance Urges Shareholders to Claim Pending Cash Dividends

Kathmandu — Nepal Reinsurance Company Limited has called on its shareholders to claim their pending cash dividends before they are transferred to the Investor Protection Fund. According to the company, as per regulatory provisions, any cash dividend approved by...


Prabhu Mahalaxmi Life Insurance Reports Rs 270.7 Million Net Profit in Current Fiscal Year

Kathmandu – Prabhu Mahalaxmi Life Insurance has reported a net profit of Rs 270.7 million by the end of Chaitra in the current fiscal year, reflecting a modest year-on-year growth of 0.67 percent compared to Rs 268.9 million recorded...