Kathmandu. Insurance companies in the current financial year 2082. In the 11 months of ’83, he has done insurance business of about Rs 200 billion. <\/p>\n
According to the Insurance Reflection Released by the Nepal Insurance Authority, insurance companies have earned Rs 223.23 billion in insurance premiums till mid-June of the current fiscal year. Previous fiscal year 2081. Insurance companies had earned Rs 195.04 billion in insurance premiums till May 198. The business of insurance companies increased by 14.46 percent in the review period compared to the previous year. <\/p>\n
Currently, there are 14 life insurance companies, 14 non-life, 3 light life and 4 micro non-life insurance companies operating in Nepal. <\/p>\n
According to the statistics, life insurance companies have earned a total insurance premium of Rs 177.65 billion till mid-June of the current fiscal year. It was 14.50 percent over the previous year. In the same period of the previous year, life insurance companies had earned Rs 155.15 billion in total premiums. <\/p>\n
The company has collected Rs 43.65 billion in first life premium and Rs 134.32 billion in renewal insurance premium till mid-June of the current fiscal year. In the same period of the previous year, the companies had collected Rs 37.17 billion in first life insurance and Rs 119.98 billion in renewal life premiums. In the review period, the first insurance premium increased by 24.10 percent and the renewal premium by 11.69 percent compared to the previous year. <\/p>\n
In the review period, there were 1,66,55,483 active insurance policies of life insurance companies. In the same period of the previous year, there were 1,54,98,701 active life insurance policies. The number of insurance policies has increased by 7.46 percent. <\/p>\n
Similarly, the non-life insurance companies have earned Rs 45.58 billion in insurance premiums in the review period. The company had earned Rs 39.88 billion in insurance premiums in the same period last year. The business of non-life insurance companies increased by 14.29 percent in the review period compared to the previous year. <\/p>\n
As of the review period, the number of life insurance policies (excluding short, short-term, foreign employment, life insurance) stood at 61,17,322. It was 10.49 percent over the same period last year. The number was 5,536,449 in the same period last year. <\/p>\n
As of mid-June of the current fiscal year, there were 8,127,2908 temporary and micro-term life insurance policies and 2,410,871 foreign employment insurance policies. In the same period of the previous year, the number of temporary and short term life insurance policies was 74,21,294 and the number of foreign employment insurance policies were 2,540,958. The number of temporary and short term life insurance policies decreased by 9.51 percent and the number of foreign employment insurance policies decreased by 5.12 percent compared to the previous year. <\/p>\n
As of the review period, the population covered by insurance has increased to 51.02 percent. In the same period last year, 47.95 per cent of the population was covered by insurance. <\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Insurance companies in the current financial year 2082. In the 11 months of ’83, he has done insurance business of about Rs 200 billion. According to the Insurance Reflection Released by the Nepal Insurance Authority, insurance companies have earned Rs 223.23 billion in insurance premiums till mid-June of the current fiscal year. Previous fiscal […]<\/p>\n","protected":false},"author":16,"featured_media":296985,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45152,45159,45096],"tags":[],"class_list":["post-305131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-life-insurance-en","category-news-en","category-non-lifeinsurance-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/305131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=305131"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/305131\/revisions"}],"predecessor-version":[{"id":305132,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/305131\/revisions\/305132"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/296985"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=305131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=305131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=305131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}