Insurance Companies unveil monthly performance report for Ashwin; Which companies are leading?
Sun, Nov 1, 2020 4:20 PM on Latest,
Beema Samiti has received the monthly performance report from the insurance companies for the month of Ashwin.
Life Insurance Companies
Life insurance companies have managed to collect more than Rs 32 Arba in premium till Ashwin of the current fiscal year 2077/78.
According to Beema Samiti, the 19 existing life insurance companies have earned a total of Rs 32.32 Arba in premiums. Nepal Life Insurance has earned the highest premium earned totaling Rs. 9.1 Arba till Ashwin of the current fiscal year 2077/78. The company is tailed by Life Insurance Corporation Nepal that has earned Rs. 5.5 Arba in premium.
Meanwhile, Mahalaxmi Life Insurance earned the least amount in premium, i.e. Rs. 24 crores among the 19 life insurance companies.
|
Insurance Company |
Total Premium in crores (Rs.) |
|---|---|
|
Nepal Life Insurance |
901 |
|
Life Insurance Corporation Nepal |
505 |
|
Rastriya Bima Sansthan |
435 |
|
National Life Insurance |
282 |
|
Union Life Insurance |
152 |
|
Asian Life Insurance |
147 |
|
Met Life Insurance |
122 |
|
Prime Life Insurance |
106 |
|
Gurans Life Insurance |
97 |
|
Surya Life Insurance |
85 |
|
Citizen Life Insurance |
63 |
|
Reliance Nepal Life Insurance |
54 |
|
IME Life Insurance |
54 |
|
Jyoti Life Insurance |
54 |
|
Reliance Life Insurance |
48 |
|
Sun Nepal Life Insurance |
43 |
|
Sanima Life Insurance |
35 |
|
Prabhu Life Insurance |
25 |
|
Mahalaxmi Life Insurance |
24 |
|
Total |
3232 |
Non-Life Insurance Companies
Non-Life insurance companies have managed to collect more than Rs 7 Arba in premium till Ashwin of the current fiscal year 2077/78.
According to Beema Samiti, the 19 existing non-life insurance companies have earned a total of Rs 7.58 Arba in premiums. Shikhar Insurance has earned the highest premium earned totaling Rs. 90 crores till Ashwin of the current fiscal year 2077/78. The company is tailed by Sagarmatha Insurance that has earned Rs. 73 crores in premium.
Meanwhile, Sanima Insurance earned the least amount in premium, i.e. Rs. 12 crores among the 19 non-life insurance companies.
|
Insurance Company |
Total Premium in crores (Rs.) |
|---|---|
|
Shikhar |
90 |
|
Sagarmatha Insurance |
73 |
|
Neco Insurance |
68 |
|
Siddhartha Insurance |
62 |
|
NLG Insurance |
56 |
|
Premier Insurance |
45 |
|
Prabhu Insurance |
36 |
|
Lumbini General |
36 |
|
IME General Insurance |
34 |
|
Ajod Insurance |
33 |
|
Nepal Insurance Co. |
32 |
|
Prudential Insurance |
31 |
|
Oriental Insurance |
31 |
|
National Insurance |
28 |
|
United Insurance |
27 |
|
Everest Insurance |
27 |
|
General Insurance |
19 |
|
Himalayan General Insurance |
18 |
|
Sanima Insurance |
12 |
|
Total |
758 |
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