NPR 425.50
-4.50 (-1.05%)Prabhu Mahalaxmi Life Insurance Limited has received approval from its SGM held on Chaitra 12, 2082, and the…Prabhu Mahalaxmi Life Insurance Limited has received approval from its SGM held on Chaitra 12, 2082, and the Insurance Authority to change its share structure, reducing promoter shareholding to 76.2030% and increasing public shareholding to 23.7970%.
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.
Prabhu Mahalaxmi Life Insurance Limited has put 13,000 promoter shares up for sale, giving first priority to…Prabhu Mahalaxmi Life Insurance Limited has put 13,000 promoter shares up for sale, giving first priority to existing promoter shareholders within 35 days from the date of publication of the notice.
Prabhu Mahalaxmi Life Insurance successfully hosted its corporate club achievers award program in Chitwan to…Prabhu Mahalaxmi Life Insurance successfully hosted its corporate club achievers award program in Chitwan to honor top-performing agents and boost their morale for the upcoming business year, with around 200 participants in attendance.
Prabhu Mahalaxmi Life Insurance has invited applications from existing founder shareholders to purchase…Prabhu Mahalaxmi Life Insurance has invited applications from existing founder shareholders to purchase 1,640,000 units of founder shares within 35 days.
Prabhu Mahalaxmi Life Insurance Limited is auctioning 31,588 units of promoter shares with a minimum price of…Prabhu Mahalaxmi Life Insurance Limited is auctioning 31,588 units of promoter shares with a minimum price of Rs 225 from Bhadra 25 to Ashwin 2, 2083.
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.
Prabhu Mahalaxmi Life Insurance (PMLI) is auctioning 469,302 units of founder shares to the general public…Prabhu Mahalaxmi Life Insurance (PMLI) is auctioning 469,302 units of founder shares to the general public after existing founders did not subscribe.
Prabhu Mahalaxmi Life Insurance has opened 1,356,600 unsold promoter shares for public application within 7…Prabhu Mahalaxmi Life Insurance has opened 1,356,600 unsold promoter shares for public application within 7 days.
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.
NEPSE fell by nearly 6.5 points over the week, with total market capitalization decreasing to Rs 4,547 billion…NEPSE fell by nearly 6.5 points over the week, with total market capitalization decreasing to Rs 4,547 billion and average daily turnover dropping to Rs 3.86 billion. Mount Everest Power Development and Sarbottam Paints listed their shares during the week.
Prabhu Mahalaxmi Life Insurance Limited reported a net profit of Rs 37.55 crore for the fourth quarter of the…Prabhu Mahalaxmi Life Insurance Limited reported a net profit of Rs 37.55 crore for the fourth quarter of the last fiscal year, with an EPS of Rs 7.08.
Prabhu Mahalaxmi Life Insurance Limited earned a net profit of Rs 375.5 million with an EPS of Rs 7.08 at the…Prabhu Mahalaxmi Life Insurance Limited earned a net profit of Rs 375.5 million with an EPS of Rs 7.08 at the end of the last fiscal year.
Prabhu Mahalaxmi Life Insurance Limited is auctioning 30,088 units of founder shares to its existing founder…Prabhu Mahalaxmi Life Insurance Limited is auctioning 30,088 units of founder shares to its existing founder shareholders within 35 days.
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.