Kathmandu. Life insurance companies have invested more than Rs 750 billion in various sectors.
Nepal Insurance Authority (NEA) has released the fiscal year 2081 BS. According to the data till the fourth quarter of 2018, 14 life insurers have invested Rs 757.36 billion. Last year 2080. The companies had invested Rs 682.29 billion in various sectors. Compared to the previous year, the company’s investment increased by 11 percent in the review period.
According to statistics, Nepal Life’s investment in various sectors has been seen the most. The company alone has invested Rs 192.70 billion.
Life Insurance Corporation is in second place. The company has invested Rs 116.85 billion in various sectors.
Similarly, Himalayan Life has invested Rs 79.11 billion and National Life has invested Rs 71.48 billion in various sectors.
National Insurance Company has invested Rs 62.64 billion in various sectors, Asian Life Insurance Rs 46.61 billion, Suryajyoti Life Insurance Rs 41.34 billion, Met Life Insurance Rs 31.52 billion, Citizen Life Insurance Rs 24.14 billion, Sanima Reliance Life Insurance Rs 21.05 billion. Reliable Nepal Life has invested Rs 19.88 billion, Prabhu Mahalaxmi Life Rs 17.85 billion, IME Life Rs 17.52 billion and Sun Nepal Life Rs 15.18 billion.
How much investment in which sector?
- Fixed deposits of commercial banks amounting to Rs 532.49 billion
- Rs 7.17 billion in term deposits of infrastructure bank
- Rs 48.70 billion in fixed deposits of development banks
- Fixed deposits of finance companies worth Rs 7.64 billion
Life insurers have invested Rs 596.12 billion in fixed deposit banks of banks and financial institutions in the review year. In the previous fiscal year, the insurers had invested Rs 521.36 billion. Compared to the previous year, the investment of companies in fixed deposits of banks increased by 14.32 percent in the review year.
- Rs 2.80 billion in savings certificates and bonds of the Government of Nepal
- Rs 758.1 million in real estate
- Rs 30.52 billion in ordinary shares of listed public companies
- Rs 59.38 billion in preference shares, bonds, debentures and debentures of banks and financial institutions{
- Rs 19.34 billion in bonds, debentures and debentures of listed public companies
TAG_CLOSE_li_41 Rs 11.37 billion in agricultural production and distribution, cold storage, home, tourism industry, hydropower, solar energy and other renewable energy projects, cable cars, roads, power transmission lines, education and health
- Rs 4.46 billion in citizen investment funds and mutual funds
- Rs 2.73 billion in shares of investment companies
- Rs 15.45 billion in other founder shares
- Rs 1.65 billion in shares of other unlisted public companies
- Other investment: Rs 12.84 billion{TAG_CLOSE_li_36}}
