Kathmandu — Himalayan Everest Insurance has received another significant milestone in financial credibility and business strength as it continues its rapid expansion in Nepal’s non-life insurance sector. Credit rating agency ICRA Nepal has assigned the company an “ICRA NP-IR...

Kathmandu — The government has appointed Sushil Babu Dhakal from the Ministry of Physical Infrastructure and Transport to the board of the Nepal Insurance Authority, less than two weeks after amending the Insurance Act 2022 through an ordinance. Engineer Sushil...

Kathmandu — United Ajod Insurance reported a net loss of Rs 69.7 million by the end of the third quarter of fiscal year 2025/26 A.D. (2082/83 B.S.), reversing from a net profit of Rs 116.1 million recorded during the same...

Kathmandu — Nepal’s non-life insurance sector came under heavy pressure by the end of the third quarter of fiscal year 2025/26 A.D.  (2082/83 B.S.), with profits across most companies declining sharply as rising claim payments weighed on earnings. According...

Kathmandu — Prabhu Insurance has published its third-quarter financial results for the current fiscal year, reporting growth in both premium income and profit. According to the company’s financial statement, net earned premium income increased by 5% year-on-year to more...

Kathmandu — Himalayan Everest Insurance has published its unaudited third-quarter financial results for the current fiscal 2025/26 (2082/83), reporting growth in premium income but a sharp decline in profitability. According to the company’s financial statement, net earned premium income...

Kathmandu — NLG Insurance reported a net profit of Rs 34.8 million by the end of the third quarter of the fiscal year 2025/26 (2082/83), marking a sharp decline of 71.78% compared to Rs 123.3 million earned during the...

Kathmandu — Nepal Insurance has published its third-quarter financial results for the current fiscal year, reporting a sharp decline in both profit and earnings per share. According to the company’s financial statement, net profit dropped by 40% year-on-year to...

Kathmandu — Neco Insurance has published its third-quarter financial results for the current fiscal year, reporting declines in both profit and income during the review period. According to the company’s financial statement, net profit dropped by 55.61% year-on-year to...

Kathmandu — Sanima GIC Insurance posted a net profit of Rs 51.3 million by the end of the third quarter of fiscal year 2025/26, marking a sharp decline from Rs 233.5 million recorded during the same period last year....