Asian Life entering in 17th years as a trusted life insurance company  

Kathmandu : Asian Life Insurance has entered its 17th year after completion of it’s operation of 16 years in the Insurance Industry since the establishment. Established on 21st of Chaitra 2064 B.S and licensed by the Insurance Committee on 15th of falgun on the same year, this company has managed to establish itself as a mature, successful and reliable insurance company in a span of 16 years of operation.

During these 16 years, the company has succeeded in making significant progress. By the end of Falgun month of the financial year 2080/81, the company has accumulated a total of 41 billion 300 million Rupees in the life insurance fund. Until this period, the company has invested 46 billion 100million Rupees, while the total insurance fee earnings of the company (since the beginning) is 49 billion Rupees.

Similarly, this company, which has a paid-up capital (including bonus shares yet to be listed) of 3 billion 399 million 800 thousand Rupees, has managed to earn a total insurance premium fee of 5 billion 158 million 700 thousand Rupees by the end of Falgun month of the current fiscal year.

429 employees are working in the company’s 139 branches and sub-branches expanding all over the country, while 113 thousand 300 agents of this company are reaching the door-to-door and providing  awareness as well as insurance services to the general public.