Nepal: Twelve insurance companies declare dividends for FY 2081/82

So far, 12 insurance companies—seven life insurers and five non-life insurers—have announced dividends for fiscal year 2081/82. Life insurance firms declaring dividends include National Life, Sanima Reliance Life, Prabhu Mahalaxmi Life, Sun Nepal Life, IME Life, Nepal Life and Citizen Life. Non-life insurers include Nepal Insurance, Sagarmatha Lumbini Insurance, Shikhar Insurance, Siddhartha Premier Insurance and IGI Prudential. Dividend rates range between 5 percent and 25 percent in cash and bonus shares. Some companies, including IME Life and Nepal Life, have scheduled book closures for early Poush.