NPR 378.00
-2.00 (-0.53%)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.
Sayapatri Hydropower suspended its 2.5 MW power generation due to flood damages. Meanwhile, United Ajod…Sayapatri Hydropower suspended its 2.5 MW power generation due to flood damages. Meanwhile, United Ajod Insurance appointed Binju Dahal as a female director, and Sanima Reliance Life Insurance accepted the resignation of director Tej Bahadur Chand, effective from Ashoj 1 (Asvina 1). Use exact names: SPHL, UAIL, SRLI. Dates: Ashoj 9, Ashoj 10, Ashoj 11, Bhadra 22, Ashoj 1 (Asvina 1). Figures: 2.5 MW, 33 kV. Numbers: 2.5, 33, 9, 10, 11, 89, 22, 1, 69. Units: MW, kV, years, meetings, dates, times (11:00 PM). Note: The exact date months are given in Bikram Sambat terms (Ashoj/Bhadra). Do not convert dates. Summary within 50 words: SPHL halted its 2.5 MW power generation due to floods. UAIL appointed Binju Dahal as a new director, and SRLI accepted director Tej Bahadur Chand's resignation on Ashoj 1, 2081/82 (or equivalent). (Summarized strictly from text). Wait, keep summary brief and strictly aligned with the article content without inferring dates years: Sayapatri Hydropower suspended its 2.5 MW electricity generation due to floods. United Ajod Insurance appointed Binju Dahal as a female director, and Sanima Reliance Life Insurance accepted director Tej Bahadur Chand's resignation from Bhadra 22, 2081 (Bhadra 22). (Keep it simple). Let's write concise summary under 50 words: Sayapatri Hydropower halted its 2.5 MW generation following flood damages to its transmission line. Meanwhile, United Ajod Insurance appointed Binju Dahal as a director, and Sanima Reliance Life Insurance accepted Tej Bahadur Chand's resignation from the board.
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.
Sanima Reliance Life Insurance reported a net profit of Rs 380.5 million for the fourth quarter of FY 2082/83…Sanima Reliance Life Insurance reported a net profit of Rs 380.5 million for the fourth quarter of FY 2082/83, with its life insurance fund reaching Rs 25.12 billion and paid-up capital at Rs 5.01 billion.
Life insurance companies face challenges investing their Rs 9 billion capital due to a lack of long-term…Life insurance companies face challenges investing their Rs 9 billion capital due to a lack of long-term financial instruments and strict regulatory investment caps.
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.
Sanima Reliance Life Insurance held its Vision to Value 2083 event in Pokhara to evaluate performance, honor…Sanima Reliance Life Insurance held its Vision to Value 2083 event in Pokhara to evaluate performance, honor top employees, and outline strategic plans for the upcoming year.
Sanima Reliance Life Insurance earned a net profit of Rs 383.8 million in the review period of the last fiscal…Sanima Reliance Life Insurance earned a net profit of Rs 383.8 million in the review period of the last fiscal year, with an EPS of Rs 7.65.
Sanima Reliance Life Insurance Limited reported a net profit of Rs 383.8 million in FY 2082/83, an increase of…Sanima Reliance Life Insurance Limited reported a net profit of Rs 383.8 million in FY 2082/83, an increase of 1.69% compared to the previous year, with an annualized EPS of Rs 7.65.
Sanima Reliance Life Insurance earned a net profit of Rs 383.8 million in the fiscal year 2082/83, with an EPS…Sanima Reliance Life Insurance earned a net profit of Rs 383.8 million in the fiscal year 2082/83, with an EPS of Rs 7.65.
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.
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.