Tag: Insurance companies

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Crystal Kanchenjunga Securities Pvt. Ltd

New Plaza, Kathmandu
01-4011072

Stock Broker Number 50

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CKSPL (Crystal Kanchanjungha Securities Pvt. Ltd.) proudly stands as a registered stock brokerage firm with a rich history and a substantial market presence. Our enduring commitment to excellence has enabled us to establish a significant market share and take a leading role in the financial sector. We have consistently maintained a sterling reputation with regulators, stock exchanges, valued clients, and all other stakeholders.

Throughout our distinguished journey, CKSPL has been a trusted partner, conducting business with utmost professionalism and integrity. Our track record exemplifies our dedication to upholding the highest standards in the industry. This commitment has earned us the trust and respect of a diverse clientele, including prominent institutions such as banks, insurance companies, mutual funds, and investment firms managed by portfolio managers.

CKSPL has a proven track record of working diligently on behalf of these esteemed institutions, assisting them in realizing their investment goals and executing their investment proposals with precision and expertise. Our mission is to provide comprehensive financial services that meet the unique needs of our clients, facilitating their success in the dynamic world of investment and finance.

April 9, 2024
Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba.

Insurance companies are competing with one another to collect more premiums. Out of its 1.4 crore total active insurance policies, life insurance companies collected a total premium of Rs. 93.75 Arba during the fiscal year 2079/80.

According to a report published by the Nepal Insurance Authority, Nepal Life Insurance Company Limited collected Rs. 24.37 Arba on its own, with 978,626 active insurance policies as of Falgun, 2079.

March 29, 2023
Prime Life Insurance and Butwal Power Company Bonus Shares Are Finally Listed on the NEPSE

Prime Life Insurance Company Limited (PLIC) has listed 36,13,500.25 Units Bonus Shares on NEPSE.

For the fiscal year 2077/78, the board of directors proposed bonus shares worth Rs. 36,13,500.25 and a cash dividend worth Rs. 1,90,18,422 from the paid-up capital of Rs. 2.77 Arba at its 162nd meeting. NEPSE now lists the same bonus shares.

A final merger agreement has also been completed between three life insurance companies, Union Life Insurance Co Ltd (ULI), Gurans Life Insurance Co Ltd (GLICL), and Prime Life Insurance Co Ltd (PLIC). The merger agreement was signed by the companies in order to strengthen the company’s capital base at a swap ratio of 1:1:1.

March 9, 2023