In April alone, the companies sold 241,835 insurance policies and collected Rs 4.TAG_OPEN_div_32 01 billion in insurance premiums.
Shikhar Insurance Company is the highest earner of insurance premiums till mid-April.TAG_OPEN_div_31 The company has collected Rs 5.19 billion in insurance premium by issuing 268,644 policies.
Sagarmatha Lumbini Insurance (Salico) has earned Rs 4.TAG_OPEN_div_29 25 billion in insurance premiums during the period. Himalayan Everest Insurance has a net worth of Rs 4.37 billion in insurance business till mid-April.
Similarly, Siddhartha Premier Insurance has earned Rs 3.4 TAG_OPEN_div_27 9 billion in insurance premiums in the first 10 months of the current fiscal year, while IGI Prudential has earned Rs 3.51 billion in premiums.
In the review period, NLG Insurance earned Rs 3.44 billion, Neco Insurance Rs 3.01 billion and Nepal Insurance earned Rs 1.81 billion.TAG_OPEN_div_25
Similarly, The Oriental Insurance has collected Rs 2.TAG_OPEN_div_23 58 billion in insurance premiums. As of mid-April, National Insurance Company has done business of Rs 1.18 billion while National Insurance Company has done business of Rs 1.06 billion.
Prabhu Insurance Ltd posted a turnover of Rs 1.49 billion, Sanima GIC Rs 2.36 billion and United Ajod Insurance Rs 2.47 billion.TAG_OPEN_div_21
Similarly, in the same period, four micro-insurance companies under the non-life insurance sector have done business worth over one billion rupees.TAG_OPEN_div_19 During the period, the companies issued 418,990 insurance policies and did business worth Rs 1.10 billion.
During the period, Nepal Micro Insurance earned Rs 27.35 crore, Protective Micro Insurance Rs 31.11 crore, Star Micro Insurance Rs 26.19 crore and Trust Micro Insurance Rs 35.35 million.TAG_OPEN_div_17
Lower Seti Hydropower Project to be constructed with 70 percent loan
Fuel prices hiked for fourth time in 10 days in India
More than 1,000 domestic and 389 foreign tourists visited Koshi Tappu
A biogas industry with an investment of Rs 50 million has not come into operation even after five years, buffaloes bought for Rs 200,000 and auctioned for Rs 90,000
Land-use classification completed at 338 local levels
Prime Minister Balen convenes cabinet meeting
Govt orders immediate recall of substandard Dabur Honey from market
Investment in data centers is increasing, can Nepal become a regional hub?
Banking sector employees are frustrated, problems increasing as NRB becomes helpless
Investigative committee formed to study royalty, copyright and intellectual property
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