Micro Life Insurance Companies Collect Rs 247.4 Million in First Quarter

Kathmandu – Micro life insurance companies in Nepal have collected a total insurance premium of Rs 247.4 million in the first quarter of the current fiscal year 2082/83, according to data from the Nepal Insurance Authority.

Among the three micro life insurance companies currently operating, Guardian Micro Life led the sector with total premiums of Rs 89.2 million. Crest Micro Life followed closely, collecting Rs 86.2 million, while Liberty Micro Life earned Rs 71.9 million during the same three-month period.

Looking specifically at the month of Ashoj, Guardian Micro Life again recorded the highest premiums at Rs 32.9 million, followed by Crest Micro Life with Rs 29.8 million and Liberty Micro Life with Rs 28.1 million.