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....

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...

Kathmandu – Despite repeated directives from the Nepal Insurance Authority to expand operations into rural regions, the majority of insurance companies continue to focus their business within Bagmati Province, particularly the Kathmandu Valley. According to financial data released by...

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (Salico) has requested all insured individuals who filed claim applications by the end of Chaitra 2081 (mid-April), to complete the remaining process and receive their payments. In a public notice, the company...

Kathmandu – The Nepal Insurance Authority’s Madhesh Province Office held a discussion and interaction program in Birgunj on Monday, bringing together provincial heads of both life and non-life insurance companies to deliberate on pressing issues in the insurance sector....

Kathmandu – According to the data released by the Nepal Insurance Authority, Non-life insurance companies in Nepal have collectively earned Rs 4.10 billion in insurance premiums in the month of Chaitra alone, reflecting a 7.01 percent increase compared to...

Kathmandu – Nepal’s non-life insurance sector has recorded a total premium income exceeding Rs 32.12 billion during the third quarter of the current fiscal year 2081/82, according to the latest data published by the Nepal Insurance Authority. Shikhar Insurance...

Kathmandu — Nepal’s non-life insurance industry has recorded a modest yet steady growth of 7.11% in the third quarter of the current fiscal year, with total business volume rising from Rs. 29.99 billion last year to Rs. 32.12 billion...

Kathmandu – Today marks the last day to apply for the remaining 225,161.35 units of unallocated right shares issued by Neco Insurance Limited. These shares include 43,779.52 units from the promoter group and 181,481.83 units from the general public...

Kathmandu – Neco Insurance Limited has announced the date for its 29th Annual General Meeting (AGM), scheduled for Jestha 9 (May 23) at 11 a.m. at Lisara Reception, Naxal. The company will seek shareholder approval for a set of...