Mahalaxmi Life Insurance observes its 4th anniversary; competing with other life insurance players despite being the youngest one in the business
Mahalaxmi Life Insurance observed its 4th anniversary on Magh 27, 2079 where the company is the youngest in the insurance sector has gone through a lot of ups and downs.
The company has increased its paid-up capital by 50%, reserve by 60.7%, life insurance fund by 56.4%, investment portfolio by 29.5%, claim settlement by 38%, and profit by 35.4% by Poush end, 2079 when compared to the same period last year, as per the media statement.
The company is currently under a merger process with Prabhu Life Insurance and will be completing the same by end of Chaitra, 2079, as per the media statement.
