Kathmandu. Prime Life Insurance Company has successfully completed 13 year of operation. The company had launched its life insurance business on June 7, 2008. In the short time of its establishment, the company has succeeded in establishing its own identity among life insurer.
The company has so far sold more than 1.734 million insurance policies. It has managed to collect insurance fee of Rs. 21.74 billion from the insured. The size of its life insurance fund is Rs 14 billion.
The company has stated that the credit flow and investment in various sectors alone is Rs 15.37 billion.
The insured has received a policy loan of Rs 1.47 billion. It’s paid up capital is Rs.2.42 billion.
It has been offering a better dividend to its shareholders while giving high return to the policyholders.