Micro Life Insurance Sector Collects Rs 156.4 Million Premiums in First Two Months of Current FY
Kathmandu – Micro life insurance companies in Nepal have collected a total insurance premium of Rs 156.4 million in the first two months of the current fiscal year, reflecting steady growth in the sector. According to data released by the Nepal Insurance Authority, three micro life insurance companies are currently operating in the country.
Leading the sector, Crest Micro Life recorded the highest premium collection, earning Rs 56.3 million by the end of Bhadra.
Guardian Micro Life also secured a substantial premium collection of Rs 56.3 million. Liberty Micro Life earned Rs 43.8 million during the same period.