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