Neco Insurance Reports Rs 550.8 Million Profit in FY 2081/82

Kathmandu — Neco Insurance Company Limited has posted a net profit of Rs 550.8 million for the fiscal year 2081/82, according to its fourth-quarter financial statements published today. Despite a slight decline in profit, the company has shown impressive...


United Ajod Insurance Reports Rs 216.4 Million Profit, Net Premium Increases by 7.29%

Kathmandu — United Ajod Insurance Limited has earned a net profit of Rs 216.4 million for the fiscal year 2081/82, a decline of 12.87% from Rs 248.4 million in the previous fiscal year, according to the company’s financial statements...


Shikhar Insurance Earns Rs 452.7 Million Profit in FY 2081/82

Kathmandu — Shikhar Insurance Company Limited has reported a net profit of Rs 452.7 million for the fiscal year 2081/82, according to the financial statements published today. This marks a slight increase compared to the previous fiscal year’s profit...


Protective Micro Insurance Appoints Laxmi Sunrise Capital as Share Issue Guarantor

Kathmandu — Protective Micro Insurance Limited has appointed Laxmi Sunrise Capital Limited as the guarantor for its upcoming issuance of 22,50,000 units of ordinary shares. An agreement to this effect was signed between Bijay Lal Shrestha, Chief Executive Officer...


Rastriya Beema Company Reports Rs 427.6 Million in Net Profit in FY 2081/82

Kathmandu – Rastriya Beema Company Limited, a government-owned insurance provider, has reported a notable decline in net profit for the fiscal year 2081/82. The company’s profit fell by 31.83 percent, dropping from Rs 627.3 million in the previous fiscal...


NLG Insurance Posts Profit Growth, Expands Insurance Fund in FY 2081/82

Kathmandu — NLG Insurance Company Limited has reported positive growth in key financial indicators for the fiscal year 2081/82, according to the annual financial statements released by the company. The company’s net profit rose by 9.66 percent, reaching Rs...


Sanima GIC Insurance Reports Profit Growth in FY 2081/82, Total Income Reaches 1.47 Billion

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...


National Insurance Publishes FY 2081/82 Financial Results

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...


Salico Reports Rs 403.2 Million Profit, Insurance Fund Nears Rs 7 Billion

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...


Siddhartha Premier Insurance Reports Growth in Fourth Quarter Financial Results

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...