Non-Life Microinsurance Companies Earn Rs 953.8 Million in Premiums in FY 2081/82

Kathmandu — Four non-life microinsurance companies operating in Nepal collectively earned Rs 953.8 million in insurance premiums during the fiscal year 2081/82, according to data released by the Nepal Insurance Authority.

Leading the sector, Nepal Micro Insurance recorded the highest premium collection with Rs 262.8 million during the period. Close behind, Protective Micro Insurance Company earned Rs 249.3 million, while Star Micro Insurance Company secured over Rs 227.4 million in premiums. Trust Micro Life Insurance also made significant strides, collecting more than Rs 214 million by expanding its insurance business.

Together, these companies issued a total of 379,438 insurance policies. In the month of Ashar alone, the four companies generated insurance business worth Rs 104.2 million.