Kathmandu. Current fiscal year 2082. In the first four months of ’83, the amount of insurance and the number of insurance policies have increased.
Last fiscal year 2081. 2082 compared to mid-October 2082. This is an increase by mid-November 83. The amount of insurance policies has increased by 4.69 percent from Rs 35.13 billion to Rs 36.77 billion to Rs 36.77 billion.
The number of insurance policies extended increased by 0.97 percent to 1,217,702 from 1,205,962.
Reduced Insurance Surrenders
There has been a decline in both the number and amount of insurance premiums during the review period compared to the previous year.
According to the details published by the Nepal Insurance Authority (NEA), the number of insurance policies has decreased by 18.14 percent. The number of insurance policies surrendered decreased from 3.5 million 985 to 29,459 in the review period.
Similarly, the surrender amount has also decreased by 6.27 percent. Last fiscal year 2081. This year, it has come down to Rs 4.52 billion from Rs 4.82 billion in ’82 BS.
