Life Microinsurance Companies Earn Rs 843.4 Million in Premiums in FY 2081/82
Kathmandu — Life microinsurance companies in Nepal recorded insurance premium earnings of Rs 843.4 million in the last fiscal year 2081/82, according to data released by the Insurance Authority.
Among the companies, Guardian Micro Life Insurance secured the highest share, generating Rs 319.9 million in premiums. It was followed closely by Crest Micro Life Insurance with Rs 312.9 million, while Liberty Micro Life Insurance collected Rs 215.5 million during the same period.
In the month of Ashar alone, life microinsurance companies earned premiums totaling Rs 156.7 million.