Kathmandu. Asian Life Insurance Company has entered into its 19th year of establishment. On this happy occasion, thanks to its insured, agents, employees and stakeholders, the company has released the key achievements and financial details of 18 years.
According to the data released by the company, the financial position of Asian Life is very strong. The company’s authorized capital has reached Rs 6 billion and paid-up capital has reached Rs 5.25 billion (after listing 5% bonus shares).
Some of the major financial indices achieved by the TAG_OPEN_strong_34 company so far are as follows:
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- Total insurance premium: Rs. 6.52 billion
Total investment: Rs. 50.45 billion {{TAG_OPEN_li_43 TAG_CLOSE_li_43}}
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Life Insurance Fund: Rs. 50.85 billion (up to Poush 2082){{TAG_OPEN_li_42 TAG_CLOSE_li_42}}
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Total insurance premium (since inception): Rs. 67.9 TAG_OPEN_li_41 6 billion
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Expanded Market & Access
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- Asian Life has been able to make insurance services accessible to the general public by expanding its network across the country.
According to the company’s latest data:
- Number of insurance accounts: More than 20,43,000
- Agent Number: 122K
- Staff Number: 435 people
- Branches and sub-branch number: 127
The company has diversified its investments in aviation, tourism, hydropower, banking and insurance sectors. In addition, Asian Capital is its subsidiary.
On the occasion of its anniversary, the company has expressed its commitment to provide more robust, simple and reliable service by addressing the legitimate expectations of its policyholders and shareholders in the coming days. The company, which has moved ahead with the slogan ‘Security for All Forever’, has also expressed gratitude to the regulatory bodies including the Insurance Authority of Nepal and the media persons.
