NPR 448.00
-4.00 (-0.88%)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.
Reliable Nepal Life Insurance has proposed changing its shareholding ratio from 70:30 (promoter-public) to…Reliable Nepal Life Insurance has proposed changing its shareholding ratio from 70:30 (promoter-public) to 51:49, subject to regulatory approval and AGM endorsement.
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.
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.
Reliable Nepal Life Insurance Limited earned a net profit of Rs 582.6 million in the fourth quarter of FY…Reliable Nepal Life Insurance Limited earned a net profit of Rs 582.6 million in the fourth quarter of FY 2082/2083, a 2.18% increase compared to the previous year, with an EPS of Rs 11.21.
Reliable Nepal Life Insurance Ltd. (RNLI) earned a net profit of Rs 582.6 million in the fiscal year 2082/83…Reliable Nepal Life Insurance Ltd. (RNLI) earned a net profit of Rs 582.6 million in the fiscal year 2082/83, achieving an EPS of Rs 11.21.
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.
Reliable Samriddhi Yojana-2 units under Reliable Nepal Life Insurance were listed on NEPSE on Shrawan 22…Reliable Samriddhi Yojana-2 units under Reliable Nepal Life Insurance were listed on NEPSE on Shrawan 22, 2083, with secondary market trading starting on Shrawan 25, 2083.
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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.
Over 40 million shares across five major companies, including Reliable Nepal Life Insurance and Upper Lohore…Over 40 million shares across five major companies, including Reliable Nepal Life Insurance and Upper Lohore Khola Hydropower, are set to exit their lock-in period, raising supply considerations on NEPSE.
Over 41.7 million shares across five companies are having their lock-in periods expire in Shrawan, including…Over 41.7 million shares across five companies are having their lock-in periods expire in Shrawan, including 37.15 million shares from Reliable Nepal Life Insurance.
The lock-in period for 3,71,57,120 shares of Reliable Nepal Life Insurance will end on Shrawan 30, making them…The lock-in period for 3,71,57,120 shares of Reliable Nepal Life Insurance will end on Shrawan 30, making them eligible for trading.
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.
Reliable Nepal Life Insurance has issued a notice urging its customers to update their KYC details in…Reliable Nepal Life Insurance has issued a notice urging its customers to update their KYC details in compliance with regulatory requirements.
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.
Today is the final day to apply for units of Reliable Samriddhi Yojana 2 after receiving oversubscriptions.Today is the final day to apply for units of Reliable Samriddhi Yojana 2 after receiving oversubscriptions.
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