Insurance
Citizen Life Insurance Company Prepares for 7th AGM, Proposing a 5.2632% Dividend for FY 2079/80
Citizen Life Insurance Company Limited (CLI) has scheduled its 7th Annual General Meeting (AGM) for the 14th of Magh, 2080. The venue for the meeting is Amrapali Banquet, Naxal, Kathmandu, and it is set to commence at 11 AM on that day. One of the key agendas for the AGM is the endorsement of a […]
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CLI Proposes Inaugural Dividend of 5.2632% Following NEPSE Listing
Citizen Life Insurance Company Limited (CLI) is planning to issue its inaugural dividend of 5.2632% for the fiscal year 2079/80, following its recent listing on the Nepal Stock Exchange (NEPSE). The decision was made during the 97th board of directors meeting on Poush 16, where a dividend distribution of 5% in bonus shares and 0.2632% […]
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Charm in NON-LIFE INSURANCE !!!!!
Share some insight regarding charm of non life insurance !!! Yo bull(after confirmation) Nonlife/life le nai lead garchha ta !!! View on r/NepalStock by sapiens_dot_exe
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“Siddhartha Premier Insurance Launches Auction of Promoter Shares: Open to General Public and Institutions”
The current promoters of Siddhartha Premier Insurance Limited (SPIL) have initiated the sale of 1,78,865 units of promoter shares through an auction. This auction is open to both interested promoter shareholders and the general public/institutions, spanning from the 4th Poush to the 13th Poush, 2080. In this auction, a total of 1,78,865 units of promoter […]
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Prabhu Mahalaxmi Life Insurance Shares Listed on NEPSE Following Successful Merger
Following the successful merger between Prabhu Life Insurance Limited (PLI) and Mahalaxmi Life Insurance Company Limited, a total of 4,29,60,000 shares of the newly formed entity, Prabhu Mahalaxmi Life Insurance Limited (PMLI), have now been officially listed on the Nepal Stock Exchange (NEPSE). This significant development, sanctioned by regulatory authorities and in compliance with the […]
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“Auction Alert: Shree Ganesh Properties Initiates Auction of Himalayan Life Insurance Promoter Shares”
Shree Ganesh Properties & Investment Private Limited has initiated the auctioning of 1,24,833 promoter shares of Himalayan Life Insurance Limited (HLI), starting from the 1st to the 6th of Poush, 2080. During this auction, a total of 1,24,833 promoter shares of HLI are available for bidding, with a minimum bid quantity set at 10,000 units. […]
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“Nepal Life Insurance Company Disburses Rs 69.62 Arba in Claims, Demonstrates Efficient Settlement Process”
Nepal Life Insurance Company has resolved insurance claims totaling Rs 69.62 Arba as of the end of Ashoj, 2080. The disbursements primarily include death-related claims distributed among 13,512 policyholders and their nominees, encompassing both local and international beneficiaries, with a cumulative payout of Rs 5.68 Arba. The company, aiming for efficiency, has successfully settled 93% […]
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“Nepal Insurance Company Announces 75th AGM with Dividend Approval and Key Agenda Items”
Nepal Insurance Company Limited (NICL) has scheduled its 75th Annual General Meeting (AGM) to take place on the 13th of Poush, 2080. The venue for the meeting is set at Nepal Pragya Pratisthan, Kamaladi, Kathmandu, with proceedings commencing at 11 am. Among the various items on the agenda, the AGM will seek approval for a […]
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Nepal Life Insurance Reports 10.25% Growth in Net Profit and Strong Financial Indicators in Q1
Nepal Life Insurance has reported a notable expansion in its business volume and key financial metrics, as outlined in its recently published unaudited financial report for the first quarter of the current fiscal year. The company achieved a commendable 10.25% increase in net profit, affirming its positive financial trajectory. Maintaining a robust financial position, Nepal […]
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Citizen Life Insurance Company’s Q1 Net Profit Rises 1.60%, Maintains Strong Financial Position
In its recent disclosure of first-quarter financial results for the fiscal year 2080/2081, Citizen Life Insurance Company Limited (CLI) has reported a modest performance, revealing a 1.60% increase in net profit compared to the corresponding quarter of the previous year. The company’s net profit rose from Rs. 7.03 crores to Rs. 7.14 crores in the […]
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