NB Insurance 14th branch in Bhairahawa starts operation from today

NB Insurance Company Limited has opened 14^th branch office in Bhairahawa of Rupandehi district and has started its operation from today. Pratap J. Pandey, BOD member of the insurance company inaugurated the newly opened branch. The company had issued 10:8 (80%) right share to its shareholders from Shrawan 23, 2073 to increase its paid up capital. In the Fiscal Year 2072/73 , the company accumulated total Rs 35 crore insurance premium from 26 thousand insurance policy holders. It had earned net profit of Rs 5 crore in the fiscal year 2072/73.  In the first two months of the FY 2073/74, the insurance company has insurance premium of Rs 10 crore from 8 thousand policy holders. Till date the company has been providing services from 14 branch office, 5 contact offices and 11 service counters. The insurance company aims to outreach its services all over Nepal in up coming days stated the statement.