Life
Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares.
Union Life Insurance Company Limited (ULI) has requested its shareholders to pay the 8.97% bonus share tax. On the 26th of Magh, 2079, the firm held its 5th AGM for the fiscal year 2077/78. The meeting approved 8.97% bonus shares worth Rs. 19,28,55,000 from the company’s paid-up capital of Rs. 2.15 Arba for the […]
Read More
Pokhara Finance, Union Life Insurance Company, and Mahalaxmi Bikas Bank Bonus Shares Listed on NEPSE
Pokhara Finance Limited (PFL) has launched 4,16,367.92 unit bonus shares on NEPSE. On 30th Poush, the business had its 26th AGM and approved a dividend of 4.21% for fiscal year 2078/79. The Board of Directors voted at its 512th meeting to pay a dividend of 4.21% on the paid-up capital of Rs. 1.04 Arba. A […]
Read More
The Insurance Authority Issues Licenses to Two More Micro-Insurance Companies
The Nepal Insurance Authority has licensed two more microinsurance businesses. At its meeting on Tuesday, the authority’s board of directors voted to provide licenses to two more micro insurance companies. The authorities have given licenses to Protective Micro Insurance Ltd Nepal and Crest Micro Life Insurance Ltd.
Read More
Asian Life Insurance will support the 8.947% dividend.
Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara. Among the other items on the agenda, the AGM will approve an 8.947% dividend of Rs. 26.01 crores for fiscal year […]
Read More
National Life Insurance has released new bonus rates, with a maximum bonus of Rs 85 per Rs 1000 insured amount.
National Life Insurance Company has announced bonus rates ranging from Rs 63 to Rs 85 per Rs 1000 for its insured customers. According to the information, the company will offer a Rs 63 bonus for up to 9 years of life insurance, Rs 64 for 10 to 20 years, Rs 70 for 21 to […]
Read More
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 […]
Read More
Gurans Life Insurance Company Holds Annual General Meeting on Baisakh 06 to Approve 13.27% Bonus Dividend and Merger-Related Agendas
Gurans Life Insurance Company Limited (GLICL) has scheduled its 13th Annual General Meeting for the 6th of Baisakh, 2080. The meeting will begin at 10:30 a.m. that day at the company’s headquarters in Tinkune, Kathmandu. Among the other items on the agenda, the AGM will approve 13.2712772% bonus shares for fiscal year 2078/79. The […]
Read More
Citizen Life Insurance Company’s IPO has been added to the SEBON pipeline.
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 shares to employees and the general public. Employees will be issued shares at a par value of Rs. 100, while the general public will be issued shares at a price […]
Read More
9% of the promoter shares of Prime Life Insurance Company are converted into public shares.
Prime Life Insurance Company Limited (PLIC) has announced a change in its promoter to public shareholding ratio. On the 24th Poush, 2079, the company held its 15th AGM. The AGM approved the board’s proposal to change the promoter/public share ratio of the company from 60:40 to 51:49. The company has now informed that if […]
Read More
Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79.
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 directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the […]
Read More