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Tag: Insurance

NEPSE listing of bonus shares of IME General Insurance and Wean Nepal Laghubitta 1
April 3, 2023

NEPSE listing of bonus shares of IME General Insurance and Wean Nepal Laghubitta

NEPSE NEWS

On the 9th Magh, the firm had its 25th AGM for the fiscal year 2078/79 and approved a 6.316% dividend. At its 127th board meeting,…

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Siddhartha Premier Insurance's 2.8 crore unit shares have been listed for trading on the NEPSE. 3
April 3, 2023

Siddhartha Premier Insurance’s 2.8 crore unit shares have been listed for trading on the NEPSE.

NEPSE NEWS

After a successful merger between Siddhartha Insurance Limited (SIL) and Premier Insurance Company (Nepal) Limited (PIC), 28,065,499 shares of Siddhartha Premier Insurance Limited (SPIL) were…

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Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. 5
March 31, 2023

Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend.

Dividend

Prudential Insurance had its 21st Annual General Meeting (AGM) on Chaitra 16, 2079, under the chairmanship of Mr. Vishal Agrawal.   Apart from standard financial…

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Neco Insurance gave 15% bonus shares to demat accounts. 7
March 30, 2023

Neco Insurance gave 15% bonus shares to demat accounts.

IPO | FPO

Neco Insurance Limited (NIL) has distributed 15% bonus shares to its shareholders’ DEMAT accounts. The company has requested that its shareholders dematerialize their shares. On…

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Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba. 9
March 29, 2023

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

Business | Market | Economy

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…

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Gurans Life Insurance Company Holds Annual General Meeting on Baisakh 06 to Approve 13.27% Bonus Dividend and Merger-Related Agendas 11
March 29, 2023

Gurans Life Insurance Company Holds Annual General Meeting on Baisakh 06 to Approve 13.27% Bonus Dividend and Merger-Related Agendas

Dividend

  Gurans Life Insurance Company Limited (GLICL) has scheduled its 13th Annual General Meeting for the 6th of Baisakh, 2080. The meeting will begin at…

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In the second quarter of fiscal year 2079/80, Himalayan Reinsurance earns a net profit of Rs. 4.63 crores. 13
March 20, 2023

In the second quarter of fiscal year 2079/80, Himalayan Reinsurance earns a net profit of Rs. 4.63 crores.

Business | Market | Economy

Himalayan Reinsurance Limited reported a net profit of Rs. 4.63 crores for the fiscal year 2079/2080’s second quarter. The company’s net profit fell by 62.83%…

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The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1. 15
March 20, 2023

The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1.

Business | Market | Economy

  IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) sign a merger agreement, and the two companies will be combined using a…

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Citizen Life Insurance Company's IPO has been added to the SEBON pipeline. 17
March 20, 2023

Citizen Life Insurance Company’s IPO has been added to the SEBON pipeline.

IPO | FPO

Citizen Life Insurance Company Limited’s Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval. The company intends to distribute 11,250,000 unit…

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9% of the promoter shares of Prime Life Insurance Company are converted into public shares. 19
March 16, 2023

9% of the promoter shares of Prime Life Insurance Company are converted into public shares.

Business | Market | Economy

  Prime Life Insurance Company Limited (PLIC) has announced a change in its promoter to public shareholding ratio. On the 24th Poush, 2079, the company…

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Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79. 21
March 15, 2023

Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79.

Dividend

  For the fiscal year 2078/79, Asian Life Insurance Company Limited (ALICL) has proposed a dividend of 8.947% worth Rs. 26.01 Crores. The board of…

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The IPO of IME Life Insurance Company has been added to the SEBON pipeline. 23
March 15, 2023

The IPO of IME Life Insurance Company has been added to the SEBON pipeline.

IPO | FPO

  The IME Life Insurance Company Limited Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval. The company intends to sell…

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