The Total Insurance Fee Income of Non-Life Insurance Companies is Over 7 Billion, Which one Did How Much?

September 28th, 2023

Kathmandu : By the end of August, non-life insurance companies have managed to earn more than 7 billion insurance premiums by selling more than 400,000 insurance policies.

According to the data of Nepal Insurance Authority, non-life insurance companies have managed to earn 7 billion 852 thousand rupees in insurance fees till the end of August. Sagarmatha Lumbini Insurance Company has managed to earn the most insurance premiums during this period Until this period, the company has managed to earn a total insurance fee of Rs.91 crore 47 lakh.

Second is Siddharth Premier Insurance Company. The company has managed to earn a total insurance fee of Rs.73 crore 41 lakh during this period

The third is Shikhar Insurance Company. The company has managed to earn a total insurance fee of Rs 66 crore 24 lakh during this period. According to the authority’s data, Himalayan Everest Insurance Rs 642.1 million, IGI Prudential Insurance Rs 55 million, Neco Insurance Rs 526 million, National Insurance Company Rs 5129 million, United Azod Insurance Rs 453 million and NLG Insurance Company 42 crore 89 lakh, have succeeded in earning a total insurance fee of Rs.

Similarly, Prabhu Insurance has managed to earn Rs 41 crore 43 lakh, Sanima GIC Insurance Rs 37 crore 88 lakh, Oriental Insurance Rs 32 crore 99 lakh, National Insurance Rs 30 crore 6 lakh and Nepal Insurance has managed to earn a total insurance fee of Rs 26 crore 61 lakh.

 

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