Kathmandu. Insurance companies have to invest in various sectors. However, a large part of the investment of insurance companies is seen in the fixed deposits of banks. <\/p>\n
Currently, there are 14 life insurance, 14 non-life insurance, 4 micro non-life insurance, 3 micro life insurance and 2 reinsurance companies. Insurers can invest 30 percent of the total investable amount in commercial banks and infrastructure banks as fixed deposits, 10 percent in development banks and 5 percent in finance companies. <\/p>\n
The last fiscal year 2082 released by Nepal Rastra Bank. The data of 83 shows that the investment of insurance companies in the fixed deposits of banks has increased in the last one year. <\/p>\n
In the review year, insurance companies invested Rs 665.51 billion in fixed deposits of banks. In the previous fiscal year 2081. In 2018, insurance companies had invested Rs 663.42 billion in fixed deposits of banks. Insurers’ investment increased by 0.32 percent in the review year compared to the previous year. <\/p>\n
In the last financial year, the Employees Provident Fund invested Rs 223.26 billion in fixed deposits of banks. In the previous year, the fund had invested Rs 182.22 billion. The fund’s investment has increased by 22.52 percent in the review year compared to the previous year. <\/p>\n
On the other hand, the Citizen Investment Fund (CIT) invested Rs 153.92 billion in fixed deposits of banks in the review year. In the previous year, the fund had invested Rs 133.48 billion. The fund’s investment decreased by 15.31 percent. <\/p>\n
In the review year, the deposits of the general public in the banks stood at Rs 5.549 trillion. In the previous year, the deposits of the general public were Rs 4.56 trillion 13.34 trillion. The deposits of the general public increased by 17.3 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Insurance companies have to invest in various sectors. However, a large part of the investment of insurance companies is seen in the fixed deposits of banks. Currently, there are 14 life insurance, 14 non-life insurance, 4 micro non-life insurance, 3 micro life insurance and 2 reinsurance companies. Insurers can invest 30 percent of the […]<\/p>\n","protected":false},"author":16,"featured_media":220938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45117,45031,45159],"tags":[],"class_list":["post-313024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bank-finance-en","category-banner-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/313024","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=313024"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/313024\/revisions"}],"predecessor-version":[{"id":313025,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/313024\/revisions\/313025"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/220938"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=313024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=313024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=313024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}