Life insurance companies earned more than 59 billion in total premiums, How much to All earned ?

Jan Sun 2023 03:00:02

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Life insurance companies earned more than 59 billion in total premiums, How much to All earned ?

Kathmandu. Life insurance companies have managed to earn more than 59 billion in total insurance fees by the end of December of the current financial year. Currently operating life insurance companies have earned a total insurance fee of 59 billion 51 crore 52 lakh rupees by the end of November. Nepal Life has managed to earn the most insurance fee till this quarter.

The company has earned a total insurance fee of 15 billion 62 crore 88 lakh rupees by this quarter. LIC Nepal is in the second place. The company has earned a total insurance fee of 7 billion 251 million rupees during this period.

Life insurance companies earned 11 billion 27 million rupees in the first insurance premium within five months

Life insurance companies have managed to earn 11 billion 27 million rupees in first insurance premiums in five months of the current financial year. The life insurance companies that are currently operating have managed to earn the first insurance premium equal to that amount during the five months of the current financial year.

As always, Nepal Life, which has the highest turnover, is at the forefront. The company has earned 2 billion 14 million rupees by this quarter. Second is National Life. By this quarter, the company has managed to earn one billion 33 crore rupees.

LIC Nepal is in third place. The company has managed to earn 83.59 million rupees by this quarter. According to the data of Insurance Authority, Sun Nepal Life Rs 82 crore 19 lakh, Citizen Life Rs 82 crore 19 lakh, Surya Life Rs 59 crore 95 lakh, Reliable Nepal Rs 56 crore 52 lakh, Asian Life Rs 54 crore 68 lakh, Union Rs 50 crore 90 lakh , Met Life managed to earn Rs 50 crores, Jyoti Life Rs 488.9 crores, IME Life Rs 427.2 crores first premium.

Similarly, Sanima Life Rs.32 crore 79 lakh, Reliance Life Rs 31 crore 79 lakh, National Insurance Institute Rs 31 crore 56 lakh, Prime Life Rs 31 crore 10 lakh, Prabhu Life Rs 22 crore 76 lakh, Mahalakshmi Life Rs 18 crore 75 lakh and Gurans Life Rs 8 crore They have succeeded in earning Rs 74 lakh first insurance fee.