Kathmandu — Sanima GIC Insurance Limited has reported a solid financial performance for the last fiscal year, with growth in profit, earnings per share (EPS), and a stronger capital base. According to the company’s fourth quarter financial statement, net...

Kathmandu — National Insurance Company Limited has posted a net loss of Rs 623.9 million for the fiscal year 2081/82, a sharp reversal from the Rs 266.7 million profit recorded in the previous year, according to its fourth-quarter financial...

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (Salico) has reported a net profit of Rs 403.2 million for the end of the fiscal year 2081/82, reflecting a 12.53% decline compared to Rs 460.9 million recorded in the previous fiscal...

Kathmandu — Siddhartha Premier Insurance Limited has reported an overall improvement in its financial indicators for the fourth quarter of the last fiscal year. According to the company’s statement, net profit rose by 3.63 percent to Rs 713.1 million...

Kathmandu — Nepal Insurance Company Limited has extended the application deadline for its ongoing right share issuance until Bhadra 2 (August 18). The issuance offers a total of 6,576,967.76 units of right shares at a face value of Rs...

Kathmandu — The devastating floods and landslides triggered by incessant rainfall in Rasuwa district on 23 Ashar (July 7) have resulted in insurance claims approaching Rs 1 billion. According to the Nepal Insurance Authority, as of 22 Shrawan (August...

    Kathmandu — Four non-life microinsurance companies operating in Nepal collectively earned Rs 953.8 million in insurance premiums during the fiscal year 2081/82, according to data released by the Nepal Insurance Authority. Leading the sector, Nepal Micro Insurance...

Kathmandu – Nepal’s non-life insurance sector witnessed a steady growth of 6.77% in the fiscal year 2082/83, according to data released by the Nepal Insurance Authority. The country’s 14 non-life insurance companies collectively generated a business volume of Rs...

Kathmandu — The 14 non-life insurance companies operating in Nepal collectively recorded a business volume of nearly Rs 44 billion in the last fiscal year 2081/82, according to financial statements released by the Nepal Insurance Authority. During the period,...

Kathmandu — Prabhu Insurance Limited concluded it’s 29th Annual General Meeting (AGM), held today at Prabhu Complex, Koteshwor, Tinkune. The company made significant decisions for its shareholders during the meeting. The meeting endorsed a proposal to distribute 18 percent...