Life and Non-Life Insurance Sectors Report Varied Performance in Premium Collection Till Poush FY 2082/83
Summary
In the first six months of fiscal year 2082/83, life insurance companies in Nepal collected Rs 94.38 Arba in premiums from 11,455,235 active policies, with Nepal Life Insurance leading in premium collection.
Key Points
- Life insurance companies collected a total premium of Rs 94.38 Arba from 11,455,235 active policies till Poush FY 2082/83.
- Nepal Life Insurance Company Limited collected Rs 25.51 Arba with 1,745,933 active policies.
- Reliable Nepal Life Insurance Co Ltd has the highest active insurance policies at 2,431,856 but collected only Rs 2.94 Arba in premiums.
- Non-life insurance companies collected Rs 23.67 Arba from 1,420,548 active policies with Shikhar Insurance and Sagarmatha Lumbini Insurance leading.
