The Premium Collected By Non-Life Insurance Companies Reach Almost Rs. 11 Arba Till Ashwin - F.Y 2079/80

Wed, Nov 9, 2022 3:41 PM on Company Analysis, Latest,

Insurance companies are competing with each other to increase their premium collection. Through the first three month of the fiscal year 2079/80, non-life insurance companies collected a total premium of Rs 10.84 Arba, out of its 689,468 total active insurance policies.

Rastriya Beema Company Ltd collected the highest premium worth Rs. 1.26 Arba. Likewise, Shikhar Insurance Company Limited which has 61,585 insurance policies collected a premium worth Rs. 1.02 Arba as its insurance premium till Asoj of F.Y 2079/70.

As per the report published by Beema Samiti, Neco Insurance Limited, has the highest number of insurance policies which stood at 72,410 till Ashwin.

On the other hand, General Insurance Company is the one that earns the lowest insurance fee. The Insurance company has earned only Rs. 25.18 Crore, out of it's 18,677 number of insurance policies during this period.