NPR 798.00
+0.00 (+0.00%)Insurance companies' investments in listed ordinary shares reached over Rs 55.19 billion by the end of fiscal…Insurance companies' investments in listed ordinary shares reached over Rs 55.19 billion by the end of fiscal year 2082/83, with life insurers leading the sector with Rs 44.49 billion, according to recent data detailing individual company portfolios and mutual fund allocations.
Insurance companies increased their total investments in listed shares to Rs 55.19 billion by the end of…Insurance companies increased their total investments in listed shares to Rs 55.19 billion by the end of fiscal year 2082/83, according to the Nepal Insurance Authority data. Himalayan Life Insurance holds the largest equity investment at Rs 10.10 billion, followed by other major life and non-life insurers and reinsurers expanding their market exposure.
Life insurance companies collected over Rs 41 billion in premiums in the first two months, with Nepal Life…Life insurance companies collected over Rs 41 billion in premiums in the first two months, with Nepal Life Insurance leading at Rs 10.58 billion, followed by National Life and Rastriya Beema Company.
Life insurance agents have urged the Insurance Authority to direct life insurance companies, excluding Nepal…Life insurance agents have urged the Insurance Authority to direct life insurance companies, excluding Nepal Life and LIC Nepal, to stop cutting agent incentives and properly enforce the Insurance Regulations, 2081 provisions regarding commission and incentive limits.
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.
Life Insurance Corporation (Nepal) Limited (LICN) reported a net profit of Rs 405.7 million for the review…Life Insurance Corporation (Nepal) Limited (LICN) reported a net profit of Rs 405.7 million for the review period, with its EPS rising to Rs 7.38.
Life Insurance Corporation (Nepal) reported a net profit of Rs 405.7 million with an EPS of Rs 7.38 for the…Life Insurance Corporation (Nepal) reported a net profit of Rs 405.7 million with an EPS of Rs 7.38 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.
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.
Life insurance businesses recorded a 12.43 percent growth, collecting total insurance premiums of Rs 201.0091…Life insurance businesses recorded a 12.43 percent growth, collecting total insurance premiums of Rs 201.0091 billion in the review period compared to Rs 177.9063 billion in fiscal year 2081/82.
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.
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.
Reliable Nepal Life Insurance led life insurers in Q3 with a net profit of Rs 470.4 million and an EPS of Rs…Reliable Nepal Life Insurance led life insurers in Q3 with a net profit of Rs 470.4 million and an EPS of Rs 12.07, while several major companies faced significant profit declines.
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.
LIC Nepal reported a 35.78% increase in net profit to Rs 320.4 million for the third quarter of fiscal year…LIC Nepal reported a 35.78% increase in net profit to Rs 320.4 million for the third quarter of fiscal year 2082/83, with EPS rising to Rs 7.77.
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.