How much premium did insurance companies generate till Bhadra?
Mon, Sep 28, 2020 2:44 PM on Latest,
Rastriya Beema Samiti has published the performance report of insurance companies till the month of Bhadra.
The total premium of all the insurance companies at the end of Bhadra is Rs. 25.55 Arba. Rs. 20.78 Arba is contributed by Life Insurance Companies while Non-Life Insurance Companies generate a total of Rs. 4.77 Arba.
The life insurance companies have a total of 78,35,553 insurance policies as of Bhadra. 7,62,198 insurance policies were added in Bhadra alone.
Nepal Life Insurance has the highest premium collection of Rs. 6.28 Arba till Bhadra among life insurance companies. It is tailed by Rastriya Beema Sansthan (RBS) with a total insurance premium of Rs. 3.87 Arba.
Life Insurance Company |
Total Insurance Premium till Bhadra end (Rs in arba) |
Total insurance policies |
---|---|---|
Nepal Life |
6.28 |
1322010 |
RBS |
3.87 |
732098 |
LIC |
2.53 |
701696 |
National Life |
1.73 |
753380 |
Union Life |
0.94 |
178032 |
Asian Life |
0.9 |
294295 |
Met Life |
0.72 |
1095484 |
Prime Life |
0.62 |
294653 |
Surya Life |
0.54 |
556990 |
Citizen Life |
0.38 |
125437 |
Jyoti Life |
0.36 |
52569 |
IME Life |
0.34 |
119113 |
Gurans Life |
0.33 |
170835 |
Reliable Nepal Life |
0.32 |
1246321 |
Sun Nepal Life |
0.23 |
44831 |
Reliance Life |
0.23 |
31671 |
Sanima Life |
0.19 |
27495 |
Prabhu Life |
0.17 |
73992 |
Mahalaxmi |
0.12 |
14651 |
Total |
20.8 |
7835553 |
On the other side, Shikhar Insurance collected the highest insurance premium of Rs. 58 crores while Sagarmatha Insurance comes second with insurance premium collection of Rs. 48 crores.
Non-Life Insurance Company |
Total Insurance Premium as of Bhadra end (Rs in arba) |
Total insurance policies |
---|---|---|
Shikhar |
0.58 |
50955 |
Sagarmatha |
0.48 |
45620 |
Siddhartha |
0.41 |
39166 |
Neco |
0.39 |
46710 |
NLG |
0.35 |
35876 |
Premier |
0.29 |
25627 |
Prabhu |
0.23 |
11012 |
The Oriental |
0.22 |
5179 |
National Ins |
0.22 |
3781 |
Lumbini |
0.22 |
16486 |
Ajod |
0.2 |
22496 |
Nepal Ins |
0.19 |
23984 |
IME General |
0.19 |
19627 |
Prudential |
0.19 |
19699 |
Everest |
0.17 |
15067 |
United |
0.14 |
18184 |
General Ins |
0.12 |
13096 |
HGI |
0.11 |
18812 |
Sanima |
0.07 |
8211 |
Total |
4.77 |
439588 |