NPR 13,877.00
-200.00 (-1.42%)Several high-priced government-owned and state-backed companies, including Rastriya Beema Company, Bishal…Several high-priced government-owned and state-backed companies, including Rastriya Beema Company, Bishal Bazar, Nepal Reinsurance Company, and Upper Tamakoshi, have become ineligible for margin trading due to failure to meet regulatory criteria such as public share float and profit requirements.
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.
Non-life insurance and reinsurance companies' stock prices have faced downward pressure due to massive…Non-life insurance and reinsurance companies' stock prices have faced downward pressure due to massive disaster claims from recent floods and unrest, though analysts view the long-term potential positively.
Initial insurance claims from recent floods have reached NPR 25.87 billion across non-life insurers, with…Initial insurance claims from recent floods have reached NPR 25.87 billion across non-life insurers, with total claims projected to surpass NPR 50 billion as major hydropower and infrastructure assessments are finalized.
Non-life and micro insurance companies collected total premiums exceeding Rs 540 million from 254,607…Non-life and micro insurance companies collected total premiums exceeding Rs 540 million from 254,607 insurance policies issued in Shrawan, with Himalayan Everest Insurance leading the traditional sector.
In the first month of the current fiscal year Shrawan, non-life insurance business grew by 23 percent to reach…In the first month of the current fiscal year Shrawan, non-life insurance business grew by 23 percent to reach Rs 5.40 billion in total premium collections, with Himalayan Everest Insurance collecting the highest at Rs 56.25 million.
Non-life insurance companies received 583 claims totaling over Rs 25.8 billion following the catastrophic…Non-life insurance companies received 583 claims totaling over Rs 25.8 billion following the catastrophic August 26 Bhotekoshi flood.
Rastriya Beema Company has called its fourth annual general meeting for Ashoj 2 to approve financial…Rastriya Beema Company has called its fourth annual general meeting for Ashoj 2 to approve financial statements for the fiscal years 2077/78 and 2078/79, while pending audits and capital requirements remain unaddressed.
Rastriya Beema Company Limited has called its 4th annual general meeting on Ashoj 2, setting Bhadra 18 for…Rastriya Beema Company Limited has called its 4th annual general meeting on Ashoj 2, setting Bhadra 18 for book closure.
Rastriya Beema Company has appointed Subash Koirala as its acting CEO following the resignation of Dr. Shiva…Rastriya Beema Company has appointed Subash Koirala as its acting CEO following the resignation of Dr. Shiva Hari Shrestha.
Non-life insurance companies earned a total net profit of over Rs 2.72 billion in the fourth quarter of the…Non-life insurance companies earned a total net profit of over Rs 2.72 billion in the fourth quarter of the fiscal year 2082/83, with most companies registering a decline in profits compared to the previous year.
Private non-life insurance companies dominate the market with over 90 percent share as of the end of Ashar, FY…Private non-life insurance companies dominate the market with over 90 percent share as of the end of Ashar, FY 2082/83, while state-owned Rastriya Beema Company holds a minor 3.05 percent share and Shikhar Insurance leads with over Rs 6.51 billion in business.
Nepal's non-life insurance sector reached Rs 4.55 billion in total premium collections, with Shikhar Insurance…Nepal's non-life insurance sector reached Rs 4.55 billion in total premium collections, with Shikhar Insurance leading the industry.
Non-life insurance companies collected total gross premiums of over Rs. 44.38 billion by the end of Jestha…Non-life insurance companies collected total gross premiums of over Rs. 44.38 billion by the end of Jestha, with Shikhar Insurance leading in commercial performance.
Nepal Rastra Bank conducted special inspections of 11 commercial banks in the fiscal year 2081/82 to assess…Nepal Rastra Bank conducted special inspections of 11 commercial banks in the fiscal year 2081/82 to assess financial health, risk management, and regulatory compliance, with Nepal Bank facing the highest number of inspections at 5 times.
Jestha market review highlights a surge in non-life insurance and debenture trading driven by budget…Jestha market review highlights a surge in non-life insurance and debenture trading driven by budget provisions, alongside suspicious activity in the finance subgroup as overall turnover contracted.
The fiscal year 2083/84 budget plans to divest government shares of NTC, BBC, and RBCL, adding over 53.7…The fiscal year 2083/84 budget plans to divest government shares of NTC, BBC, and RBCL, adding over 53.7 million shares to the secondary market while increasing capital gains tax by 2.5 percentage points, raising investor concerns over market supply and demand imbalances amid delayed non-resident Nepali market entry implementation.
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.
Nepal Insurance Authority's third-quarter data for FY 2082/83 shows life insurance companies' total…Nepal Insurance Authority's third-quarter data for FY 2082/83 shows life insurance companies' total investments reached Rs 875.24 billion, with over 62 percent concentrated in commercial bank fixed deposits.
The Nepal Insurance Authority reported that 14 non-life and 4 micro-insurance companies collected a total of…The Nepal Insurance Authority reported that 14 non-life and 4 micro-insurance companies collected a total of Rs 41.39 billion in premiums up to Baishakh, led by Shikhar Insurance with Rs 5.19 billion.