NPR 427.00
-5.00 (-1.16%)Asian Life Insurance Company announced that independent director Hem Bahadur Karki resigned due to work…Asian Life Insurance Company announced that independent director Hem Bahadur Karki resigned due to work commitments, with his resignation accepted by the board of directors on Kartik 10.
Asian Life Insurance announced that CEO Dinesh Lal Shrestha's resignation was approved effective from Kartik…Asian Life Insurance announced that CEO Dinesh Lal Shrestha's resignation was approved effective from Kartik 10, with Deputy CEO Hom Bahadur Shrestha appointed as acting CEO starting the same date.
Asian Life Insurance accepted the resignation of CEO Dineshlal Shrestha, effective from Kartik 10, and…Asian Life Insurance accepted the resignation of CEO Dineshlal Shrestha, effective from Kartik 10, and appointed Deputy CEO Hom Bahadur Shrestha as Acting CEO starting the same day, as informed to NEPSE on Kartik 9 (October 25). Kabir/hom bahadur shrestha took charge of leadership pending permanent arrangements, according to the board's decision on Kartik 8, 2081/82 (approx). [Wait, date format strictly as article writes: Kartik 10]. Asian Life Insurance accepted CEO Dineshlal Shrestha's resignation, effective Kartik 10, and assigned Deputy CEO Hom Bahadur Shrestha as Acting CEO starting Kartik 10, 2081.
In the first month of fiscal year 2083/84, life insurance companies' total business grew by 32.55 percent to…In the first month of fiscal year 2083/84, life insurance companies' total business grew by 32.55 percent to reach NPR 217.1338 billion, with Nepal Life Insurance leading the market.
Asian Life Insurance Co. Limited earned a net profit of Rs 41.42 crore for the fiscal year 2082/83, recording…Asian Life Insurance Co. Limited earned a net profit of Rs 41.42 crore for the fiscal year 2082/83, recording an EPS of Rs 7.89.
Nepal's micro-life insurance sector has reached over 8.2 million active policies, with traditional and…Nepal's micro-life insurance sector has reached over 8.2 million active policies, with traditional and micro-insurers expanding coverage across rural households.
Following the implementation of the risk-based solvency guidelines by the Nepal Insurance Authority, life…Following the implementation of the risk-based solvency guidelines by the Nepal Insurance Authority, life insurance companies' solvency ratios have adjusted, with companies maintaining solid safety margins above the 1.30 minimum limit threshold.
Life insurance financial reports for FY 2082/83 show Nepal Life Insurance leading the market with Rs 53.68…Life insurance financial reports for FY 2082/83 show Nepal Life Insurance leading the market with Rs 53.68 billion in total premiums, capturing a 26.84% market share out of a total market size of Rs 204.59 billion.
Life insurance companies saw a 12.43 percent increase in total insurance premium collections, reaching over Rs…Life insurance companies saw a 12.43 percent increase in total insurance premium collections, reaching over Rs 200 billion in the last fiscal year.
In the third quarter of fiscal year 2082/83, employee expenses for 14 life insurance companies increased by…In the third quarter of fiscal year 2082/83, employee expenses for 14 life insurance companies increased by 11.48 percent to reach Rs 5.17 billion, with Himalayan Life Insurance spending the highest amount.
Asian Life Insurance Company put approximately 25,000 units of promoter shares up for sale, initially open…Asian Life Insurance Company put approximately 25,000 units of promoter shares up for sale, initially open only to existing founder shareholders within 35 days.
Asian Life Insurance Company has put 24,898 promoter shares up for sale exclusively for existing shareholders…Asian Life Insurance Company has put 24,898 promoter shares up for sale exclusively for existing shareholders within a 35-day period.
Asian Life Insurance has put 28,101 promoter shares up for sale exclusively to existing promoter shareholders…Asian Life Insurance has put 28,101 promoter shares up for sale exclusively to existing promoter shareholders within 35 days.
NEPSE listed 2,500,579.60 bonus shares of Asian Life Insurance, which will be tradable from tomorrow.NEPSE listed 2,500,579.60 bonus shares of Asian Life Insurance, which will be tradable from tomorrow.
Life, non-life, and reinsurance companies have invested a total of Rs 56.48 billion in listed ordinary shares…Life, non-life, and reinsurance companies have invested a total of Rs 56.48 billion in listed ordinary shares up to the third quarter of the fiscal year 2082/83, with life insurers accounting for over 81% of the total.
In the first nine months of the fiscal year, 14 life insurance companies earned a total net profit of Rs 4.59…In the first nine months of the fiscal year, 14 life insurance companies earned a total net profit of Rs 4.59 billion, a 5.55 percent decrease compared to the same period last year.
Asian Life Insurance reported a net profit of Rs 34.73 crore in the third quarter of the current fiscal year…Asian Life Insurance reported a net profit of Rs 34.73 crore in the third quarter of the current fiscal year, representing a 3.79 percent increase compared to the previous year. Its paid-up capital stands at Rs 5 billion, with an EPS of Rs 9.26 and net worth of Rs 125.01 per share.
Asian Life Insurance has put 497,960 promoter shares up for sale exclusively to its existing promoter…Asian Life Insurance has put 497,960 promoter shares up for sale exclusively to its existing promoter shareholders within 35 days.
NEPSE has published a list of 123 companies eligible for margin trading, including commercial banks…NEPSE has published a list of 123 companies eligible for margin trading, including commercial banks, development banks, finance companies, microfinances, insurance companies, hydropower companies, and others, effective for Chaitra 17, 2082.
Life and non-life insurance companies have announced various dividend proposals, while some companies like…Life and non-life insurance companies have announced various dividend proposals, while some companies like Rastriya Beema Company and United Ajod Insurance have yet to conduct their AGMs.