Kathmandu. Non-life insurer for the current fiscal year 2082. As of mid-March 2018, they have brought in trade worth more than Rs 32.5 billion. <\/p>\n
According to the data released by the Nepal Insurance Authority, the current fiscal year 2082. Non-life insurers have collected Rs 32.52 billion in insurance premiums till mid-March of 2018. Among them, 14 non-life insurers and four micro non-life insurers have contributed Rs 10.14 billion towards motor insurance. <\/p>\n
The second largest business of companies is seen in property insurance. During the review period, the company has earned a total premium of Rs 7.63 billion. <\/p>\n
Similarly, a third of the business companies have brought in engineering and contract risk insurance. During the review period, the companies have collected Rs 5.81 billion in insurance premiums from this sector. <\/p>\n
In the current fiscal year, the company has collected Rs 3.42 billion in insurance premium, Rs 1.96 billion in marine insurance, Rs 1.60 billion in air insurance, Rs 1.10 billion in agriculture and crop insurance and Rs 836.2 million in micro insurance. <\/p>\n
What is the market share? <\/strong><\/span><\/p>\n As of mid-March of the current fiscal year, motor insurance has the highest share of 31.19 percent in the total business of the companies. <\/p>\n Similarly, in total trade, 23.35 percent was related to property, 17.87 percent to engineering and contract risk, 10.54 percent to miscellaneous, 6.03 percent to marine, 4.93 percent to aviation, 3.38 percent to agriculture and agriculture and 2.57 percent.<\/p>\n","protected":false},"excerpt":{"rendered":" Kathmandu. Non-life insurer for the current fiscal year 2082. As of mid-March 2018, they have brought in trade worth more than Rs 32.5 billion. According to the data released by the Nepal Insurance Authority, the current fiscal year 2082. Non-life insurers have collected Rs 32.52 billion in insurance premiums till mid-March of 2018. Among them, […]<\/p>\n","protected":false},"author":16,"featured_media":225619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45096],"tags":[],"class_list":["post-291997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-news-en","category-non-lifeinsurance-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/291997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=291997"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/291997\/revisions"}],"predecessor-version":[{"id":291998,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/291997\/revisions\/291998"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/225619"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=291997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=291997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=291997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}