Shikhar Insurance Reports First Quarter Financial Results

Kathmandu – Shikhar Insurance Company Limited has released its financial statements for the first quarter of the current fiscal year, highlighting growth in key business indicators. During the first three months of the fiscal year, the company’s net insurance...


Neco Insurance Reports First Quarter Financials

Kathmandu – Neco Insurance Company has released its financial statements for the first quarter of the current fiscal year 2082/83, showing moderate growth in some business indicators alongside a temporary impact on profits. During the review period, the company’s...


Rastriya Beema Company Reports Q1 Financial Performance

Kathmandu – Rastriya Beema Company has released its financial statements for the first quarter of the current fiscal year 2082/83, reflecting changes in key economic indicators. During the period, the company reported a net loss of Rs 99.5 million,...


Siddhartha Premier Insurance Releases First Quarter Financial Statements

Kathmandu – Siddhartha Premier Insurance Company has released its financial statements for the first quarter of the current fiscal year, reflecting changes across key economic indicators. During the review period, the company recorded a net interest income of Rs...


NLG Insurance Reports Growth in Income and Life Fund in Q1

Kathmandu – NLG Insurance Company Limited has released its first-quarter financial statements for the current fiscal year, highlighting growth in income and its life insurance fund. During the first three months, the company reported a net interest income of...


Siddhartha Premier Insurance Leads in Gen-Z Claim Payments, Disburses Over Rs 1.5 Billion

Kathmandu — Siddhartha Premier Insurance Company Limited has emerged as one of the leading insurers in Nepal for its swift and substantial claim payments following the damages caused by the Gen-Z movement on Bhadra 23 and 24. The company...


Non-life Insurance Companies Pay Over Rs 3.68 Billion in Gen-Z Protest Claims

Kathmandu — Non-life insurance companies have paid a total of Rs 3.68 billion in insurance claims related to the Gen-Z protests that occurred on Bhadra 23 and 24, according to the latest data released by the Nepal Insurance Authority...


“Private Sector Begins Reconstruction with Insurance Advance Payments”, Says Finance Minister Khanal

Kathmandu — Finance Minister Rameshwor Khanal has said that the private sector has started rebuilding its assets using 50 percent advance payments provided by insurance companies as part of the post-Gen-Z recovery effort. Speaking at a meeting of the...


Concerns Raised Over Governance Practices at Himalayan Everest Insurance

Kathmandu – Questions have been raised regarding the internal governance practices at Himalayan Everest Insurance Company, as employees from various departments are reportedly required to visit the residence of Chairman Mahendra Krishna Shrestha in Babarmahal to obtain signatures on...


Non-life insurance Companies collect Rs 12.92 billion in premiums in first quarter

Kathmandu – Non-life insurance companies in Nepal have collected a total premium of Rs 12.92 billion in the first quarter of the current fiscal year (FY), according to data released by the Nepal Insurance Authority (NIA). Among the seven...