KATHMANDU, April 25: Non-life insurance companies collected premiums worth Rs 36.58 billion in nine months of the current Fiscal Year (FY).
According to the Nepal Insurance Authority (NIA), 14 non-life insurers collected the aforementioned amount in premium by selling more than 2.2 million policies in the review period. Last month alone, the insurers issued 347,872 policies and earned a premium of Rs 5.04 billion.
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Shikhar Insurance led among individual companies, by selling 238,667 policies. The company secured earnings of Rs 4.80 billion. Sagarmatha Lumbini Insurance was in second place, by collecting a premium of Rs 3.83 billion from selling 201,838 units of policies.
