NPR 444.00
-2.00 (-0.45%)Citizen Life Insurance Company has put 2,793,361 promoter shares up for sale, open exclusively to existing…Citizen Life Insurance Company has put 2,793,361 promoter shares up for sale, open exclusively to existing promoter shareholders within 35 days.
Citizen Life Insurance has announced the sale of 2,793,361 promoter shares for its existing promoter…Citizen Life Insurance has announced the sale of 2,793,361 promoter shares for its existing promoter shareholders within a 35-day period.
Citizen Life Insurance Company Limited's board of directors has decided to change its shareholding structure…Citizen Life Insurance Company Limited's board of directors has decided to change its shareholding structure from 70 percent promoter and 30 percent public to 60 percent promoter and 40 percent public.
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.
Life insurance companies collected Rs 26.62 billion in total premiums through Shrawan, with Nepal Life leading…Life insurance companies collected Rs 26.62 billion in total premiums through Shrawan, with Nepal Life leading the market share by collecting Rs 6.99 billion.
In the last fiscal year, life insurance companies saw their average net profit drop by 10.53% to total Rs 5.45…In the last fiscal year, life insurance companies saw their average net profit drop by 10.53% to total Rs 5.45 billion across 14 operating companies.
Citizen Life Insurance Company Limited posted a net profit of Rs 39.08 crore in the fourth quarter, with an…Citizen Life Insurance Company Limited posted a net profit of Rs 39.08 crore in the fourth quarter, with an EPS of Rs 7.82.
Citizen Life Insurance earned a net profit of Rs 390.8 million at the end of the last FY, a 106.63% increase…Citizen Life Insurance earned a net profit of Rs 390.8 million at the end of the last FY, a 106.63% increase. The company has a paid-up capital of Rs 5 billion and an EPS of Rs 7.82.
Citizen Life Insurance Company Limited (CLI) reported a net profit of Rs 390.8 million for the fiscal year…Citizen Life Insurance Company Limited (CLI) reported a net profit of Rs 390.8 million for the fiscal year 2082/83, a 106.63% increase compared to the previous year.
Citizen Life Insurance Company Limited reported a net profit of Rs 390.8 million and an EPS of Rs 7.82 for the…Citizen Life Insurance Company Limited reported a net profit of Rs 390.8 million and an EPS of Rs 7.82 for the last fiscal year.
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.
Micro life insurance in Nepal has seen growth with over 8.2 million active policies and Rs 3.54 billion in…Micro life insurance in Nepal has seen growth with over 8.2 million active policies and Rs 3.54 billion in premium collections as of Ashar end, according to insurance authority data.
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.
Citizen Life Insurance Company Limited announced that its insurance services will be suspended for three days…Citizen Life Insurance Company Limited announced that its insurance services will be suspended for three days from Shrawan 14 to Shrawan 18 for system upgrades.
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.
Nepal Insurance Authority data for Jestha of fiscal year 2082/83 shows growth in active life insurance…Nepal Insurance Authority data for Jestha of fiscal year 2082/83 shows growth in active life insurance policies despite declines in first-year, renewal, and total premium collections across the industry.
Citizen Life Insurance Company successfully conducted an orientation program regarding AML/CFT compliance with…Citizen Life Insurance Company successfully conducted an orientation program regarding AML/CFT compliance with participation from its board, founders, and management.
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.