Kathmandu – NLG Insurance Company Limited has made public the second quarter financial statements of the current fiscal year. According to the financial statements, the company has earned a net profit of Rs 74.5 million till the second quarter...

Kathmandu – Sanima GIC has reported significant financial growth in the second quarter of the current fiscal year, with its net profit rising by 15.25% compared to the same period last year. The company’s profit reached Rs 121.6 million...

Kathmandu – Shikhar Insurance Company Limited has reported significant growth in key financial indicators in the second quarter of the current fiscal year. The company’s recently published financial statements show improvements in profit, insurance fund size, and premium income....

Kathmandu – Siddhartha Premier Insurance Limited has released its financial statement for the second quarter of the current fiscal year, revealing a decline in net profit despite a slight increase in net insurance premium income. The company posted a...

Kathmandu – Sagarmatha Lumbini Insurance Company Limited (Salico) has released its financial statement for the second quarter of the current fiscal year, reporting a significant drop in net profit compared to the same period last year. The company recorded...

Kathmandu – The families of the victims of the Jhyaplekhola landslide in Dhading District are still awaiting compensation, five months after the tragic incident. The dispute over the insurance amount has escalated to the court, forcing the victims’ families...

Kathmandu – Birendra Baidwar Chhetri, Chief Executive Officer (CEO) of Siddhartha Premier Insurance, has been appointed as the President of the Nepal Insurance Association. Chhetri officially took the oath of office and secrecy following the 22nd and 23rd Annual...

Kathmandu – Sanima GIC Insurance has announced a dividend proposal for its shareholders from the profits of the last fiscal year. The decision was made during the board of directors meeting held on February 6. The company has proposed...

Kathmandu – Non-life insurance companies in Nepal have made substantial investments across diverse sectors, surpassing NPR 68 billion by the second quarter of the current fiscal year. According to data published by the Nepal Insurance Authority, 14 non-life insurance...

Kathmandu – Out of the total insurance claims amounting to Rs 12.78 billion from the devastating floods and landslides triggered by incessant rains in last September 2024, non-life insurance companies have paid only Rs 2.5 billion so far. This...