KATHMANDU: JULY 20 – On the basis of the first premium, the life insurance company National Life Insurance has risen to the second position in the last fiscal year, surpassing LIC Nepal, one of the largest companies in the country.
The company has stated that it has succeeded in raising the first premium to over Rs 4 billion including the total premium of Rs 12.16 billion and the status of the life insurance companies operating in Nepal has gone up and down.
LIC is in third place with the first premium of Rs 3.55 billion and Union Life is in fourth place with Rs 3.19 billion.
In the fiscal year 2077/78, the company has managed to collect more than 70 per cent of the first premium as compared to the previous fiscal year. Similarly, the co