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....

Kathmandu — The insurance sector has received only limited coverage in the government’s policy and program for the upcoming fiscal year. Under the policy framework, the government has pledged to strengthen and develop the capital market by making it...

Kathmandu — Oriental Insurance Company Limited has released its financial results for the third quarter of the current fiscal year 2025/26 (2082/83), with most of the company’s key financial indicators showing notable improvement. According to the report, the company...

Kathmandu — Families of Nepali migrant workers who were injured or lost their lives while working in the UAE are still waiting to receive the compensation and insurance payments they are legally entitled to. The Nepali Embassy in Abu...

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (SALICO) reported a net profit of NPR 133.2 million in the third quarter of fiscal year 2025/26, according to its unaudited financial statement. The company had posted a net profit of NPR...

Kathmandu — IGI Prudential Insurance Limited has released its unaudited financial results for the third quarter of fiscal year 2025/26, reporting significant growth in its insurance fund, net premium income, and overall revenue. According to the financial statement, the...

Kathmandu — Siddhartha Premier Insurance Limited has released its third-quarter financial results for the current fiscal year, revealing significant fluctuations across key financial indicators. The company posted a net profit of Rs. 40.1 million during the review period, marking...

Kathmandu — Public infrastructure will now be covered by insurance. The provision has been introduced through an amendment to the Insurance Act, included in a bill aimed at revising several Nepal laws. Until now, the absence of insurance for...

Kathmandu — Authorities have found that vehicle renewals are being processed without the legally required third-party insurance. For motorcycles, the insurance premium required for renewal is about NPR 1,800. For four-wheelers, the cost ranges from NPR 7,000 to 8,000....