Nepal Breaking NewsBusinessIn fiscal year 2077/78, National Life Insurance collects Rs 12.16 billion in...

In fiscal year 2077/78, National Life Insurance collects Rs 12.16 billion in premiums

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In fiscal year 2077/78, National Life Company (NLICL) collected a premium of Rs 12.16 billion. Similarly, the First Premium Income (FPI) has surpassed Rs 4 billion.

According to FPI, National Life Insurance has overcome LIC Nepal to take second place among Nepal’s life insurance .

According to the , LIC Nepal ranks third with Rs 3.55 billion in premium income, is fourth with Rs 3.19 billion.

In comparison to the previous fiscal year, NLICL collected more than 70% of the initial premium in FY 2077/78.

According to the Insurance , the largest life insurance firm in Nepal, Nepal Life Insurance Company, earned a total of Rs 32.84 billion in premiums in the previous fiscal year.

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