Eight insurance companies have declared dividends from the profits of the last fiscal year (FY 2023/24). This includes three life insurance companies and five non-life insurance companies. In the life insurance sector, IME Life Insurance, Nepal Life Insurance, and Suryajyoti Life Insurance have announced dividends. In the non-life sector, Himalayan Everest Insurance, Sanima GIC Insurance, IGI Prudential Insurance, Siddhartha Premier Insurance, and Shikhar Insurance have done the same.

Of these, three companies have announced a combination of bonus shares and cash dividends, while the remaining five have opted for cash dividends only. Nepal Life Insurance and Suryajyoti Life Insurance have already deposited the approved dividends into shareholders' bank accounts after securing approval from their annual general meetings.

Siddhartha Premier Insurance has declared the highest dividend, announcing a 30% cash dividend from last fiscal year's profit. The company has scheduled its annual general meeting for February 27 to approve the distribution. It has already set February 13 as the record date (book closure), meaning only shareholders who held shares until that date are eligible for the dividend.

IGI Prudential Insurance has proposed a 9.74% cash dividend (including tax) and has scheduled its general meeting for March 9. The company has set February 24 as the book closure date, meaning shareholders who held shares until February 23 will be eligible for the dividend. Similarly, Himalayan Everest Insurance has proposed an 8.75% cash dividend (including tax) and has scheduled its annual general meeting for March 11. The book closure date for the company is February 27, so shareholders holding shares until February 25 will be eligible.

IME Life Insurance has proposed a 21.05% cash dividend (including tax) from last fiscal year’s profit. The company has set its annual general meeting for March 9 and will close its books on February 27. Shareholders who have held shares until February 25 will qualify for the dividend. Meanwhile, Shikhar Insurance has proposed 10% bonus shares and a 0.53% cash dividend. Its annual general meeting is scheduled for February 25, and the record date is February 11.

Sanima GIC Insurance has proposed 7.5% bonus shares and a 0.39% cash dividend, but the company has yet to announce the date for its annual general meeting.