Kathmandu. The life insurance fund of life insurance companies is very important. Currently, the life insurance fund of 14 life insurers in operation has reached around Rs 9.5 trillion.
According to the financial report of the companies in the last fiscal year, the life insurance fund of the companies stood at Rs 942.63 billion. Previous fiscal year 2081. The life insurance fund of the companies was Rs 807.35 billion in 1982. The life insurance fund size of the companies increased by 16.76 percent in the review year compared to the previous year.
The size of life insurance fund of all companies has increased in the review year compared to the previous year. IME Life is the largest life insurance fund of Nepal Life Insurance in terms of growth rate.
In the last fiscal year, Nepal Life had a life insurance fund of Rs 273.55 billion. In the previous year, the company’s life insurance fund stood at Rs 233.72 billion. The company’s life insurance fund has increased by 17.04 percent.
Life Insurance Company is the second largest life insurance company. The life insurance fund of the company increased to Rs. 132.92 billion in the review year from Rs. 116.85 billion in the previous year. The life insurance fund size of the company has increased by 10.45 percent compared to the previous year.
Similarly, National Life Insurance Fund is the third largest life insurance fund. In the review year, the life insurance fund of the company stood at Rs 103.71 billion. In the previous fiscal year, the company’s life insurance fund stood at Rs 93.98 billion. The company’s life insurance fund has increased by 10.35 percent.
According to the financial statement, Sun Nepal Life Insurance is the smallest life insurance fund. The company has a net worth of Rs 12.90 billion. The company’s life insurance fund has increased by 27.70 percent compared to the previous year.
In terms of growth rate, the size of the life insurance fund of IME Life has increased by 39.40 percent. In the review year, the life insurance fund of the company increased to Rs. 18.27 billion.
TAG_OPEN_strong_22 How much in the life insurance fund of which company?
