IME Life New

Non-life insurer’s investment crosses Rs 65 billion, share of fixed deposits of bank reaches 73%

SPIL
Global College
Nepal Life New

Kathmandu. Non-life insurance companies in the current fiscal year 2082. In the first quarter of 2018, more than Rs 65 billion has been invested in various sectors.

According to the data released by the Nepal Insurance Authority (NEA), 14 non-life insurance companies have invested a total of Rs 64.87 billion in various sectors. Out of this, non-life insurers have invested Rs 47.48 billion in fixed deposits of banks and financial institutions. In this way, 73.19 percent of the total investment of non-life insurers is in fixed deposits of banks and financial institutions.

Crest

As of mid-October, the private life insurers have invested Rs 41.56 billion in ‘A’ class banks, Rs 4.82 billion in ‘B’ class banks and Rs 1.09 billion in ‘C’ class financial institutions.

Similarly, the insurers have invested Rs 82.26 crore in government bonds and debentures, Rs 5.16 billion in shares of listed public companies, Rs 2.77 billion in preference shares, bonds, debentures and debentures of banks and financial institutions, Rs 2.15 billion in bonds and debentures of listed public companies, Rs 1.36 billion in citizens investment fund and mutual funds. He invested Rs 14.21 crore in shares of investment companies, Rs 2.80 billion in other promoter shares and Rs 1.48 crore in shares of unlisted public companies.

Similarly, the non-life insurers have invested Rs 1.29 billion in agricultural production and distribution, cold storage, tourism industry, hydropower, solar energy and other renewable energy projects, cable car, roads, transmission lines, education and health sectors and Rs 858.3 million in other sectors.

How much investment in which company{

}

  • Siddhartha Premier: Rs 7.60 billion
  • }

  • Sagarmatha Lumbini: Rs 7.15 billion
  • }

  • Neco: Rs 6.69 billion
  • TAG_OPEN_li_38 National Insurance Company: Rs 5.70 billion

    }

    Himalayan Everest Insurance: Rs 5.06 billion

    }TAG_OPEN_li_37

  • Shikhar Insurance: Rs 4.98 billion
  • }

    TAG_OPEN_li_35 IGI Prudential Insurance: Rs 4.80 billion

    }

    TAG_OPEN_li_34 Nepal Insurance Company: Rs 4.70 billion

  • NLG Insurance: Rs 3.88 billion
  • TAG_OPEN_li_32 United Ajod Insurance: Rs 3.74 billion

    }

  • Sanima GIC Insurance: Rs 3.26 billion
  • }

  • Oriental Insurance: Rs 3.13 billion
  • }

    TAG_OPEN_li_29 National Insurance: Rs 2,84,96,000

    }

  • Prabhu Insurance Rs 2.54 billion
  • }

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