Insurance Fee Has Increased Has By 101.22 Billion In The Current Fiscal Year

May 14, Kathmandu- In the last nine months of the current fiscal year, insurance premiums of 19 life insurance companies have collected more than 101.22 billion.

This is shown by the financial statements of the companies up to 9 months of the current fiscal year. In the third quarter, those life insurance companies earned 101.22 billion 45 million 83 thousand rupees net insurance premiums.

Looking at the financial statements made public by the companies, out of 19 life insurance companies, all life insurance companies except Gurans Life Insurance Company and MetLife have increased their own premium earnings as compared to the last financial year.

During this period, Nepal Life has earned the most insurance premiums. The company has expanded its business by 4 percent as compared to the same period of the last fiscal year and earned a net insurance premium of Rs. 25.99 billion.