Five Microfinance Companies Bringing FPO of 29 Crores

Kathmandu : Five microfinance companies are in the pipeline for issuance of additional primary shares (AFPO) in the Nepal Securities Board. Awaiting FPO permission are Suryodaya Wami Microfinance, Mahuli Microfinance, Naya Sarathi, Samata Home Finance and Kisan Microfinance. Laguvitta...


Prabhu Mahalaxmi Life’s Profit Increased by 50 Percent, adding Capital to Long-Term Investments

Kathmandu : Prabhu Mahalakshmi Life Insurance Company has released the financial statement for the first quarter. According to the financial statement of NFRS for the first quarter, the company’s profit has increased by 50 percent during this quarter. It...


NLG Insurance Makes Significant Progress in Q1, Profits up 40%

Kathmandu : NLG Insurance Company has published its financial statement for the first quarter of the current year today. According to the published financial statements, both the company’s profit and earnings per share have increased. In the period of...


What is the Situation of Nepal Life, National Life? With Statistics Based on NFR.

Kathmandu : Both Nepal Life and National Life have published their first quarter financial statements for the current year. Both Nepal Life and National Life are competing companies. Nepal Life is the largest company in Nepal, while National Life...


In three Months, the Profit of the National Insurance Company is nearly 14 Million rupees, how much is the Income per Share?

In three months, the profit of the National Insurance Company is nearly 14 million rupees, how much is the income per share? According to the published financial statement, the company has earned a profit of Rs.1376 million in the...


Nepal Life, which has a paid-up Capital of Nearly 8.5 Billion, has Increased Both the Insurance fee Earnings and Profits

Kathmandu : Nepal Life Insurance has published the financial statement for the first quarter of the current financial year using the NFRS method. In the first quarter, the company earned a profit of Rs.150.79 million. This is 10.25 percent...


A Significant Increase in the Profitability of IGI Prudential Insurance, such is the Overall Financial Situation

Kathmandu : Most of the financial indicators of IGI Prudential Insurance have increased. This was shown in the first quarter financial statement of the current financial year published by the company. According to the published financial statement, the company...


Insurance Premiums of non-Life Insurance Companies fell by 3.66%, Decline in the Business of Five Companies

 Kathmandu : Non-life insurance companies have managed to earn a total insurance fee of 10.44 billion rupees and 5.5 million rupees by the end of October of the current financial year.According to the financial statement published by the Insurance...


In three Months, non-Life Insurance Companies did more than 3 Billion in Business, with Everest, Shikhar and Siddharth Leading the way

Kathmandu : Non-life insurance companies have collected a premium amount of more than 3 billion in the month of October of the current financial year. According to the data of the Nepal Insurance Authority, the currently operating non-life insurance...


The Premium of Non-Life Insurance Company Increased by 8 Percent in one Month, Decreased by three Percent, what is the Condition of others ?

Kathmandu : Compared to the month of August, the total premium income of non-life insurance companies has decreased by 8 percent. The statistics of the insurance companies show that while the effects of the economic recession are being seen...