Kathmandu. Sun Nepal Life Insurance Company It has earned more than Rs 5 billion in insurance premium. The company has increased the first insurance premium by 61.06 percent in traditional life insurance except foreign employment term life insurance.
The company has earned Rs 116.14 crore as first insurance premium this year as compared to Rs 72.11 crore in the previous year.
Similarly, the insurance premium in foreign employment has increased by 23.81 percent from Rs 84.18 crore last year to Rs 104.23 crore this year.
In addition, the renewal insurance premium has increased by 20.67 percent from Rs 232.12 crore to Rs 280.01 crore this year. Overall, the company earned rs 388.40 crore as insurance premium last year, which increased by 28.85 per cent to over Rs 500 crore this year.
