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 9.75 trillion.
The companies recently released the current fiscal year 2082. According to the data of the second quarter of 2018, the life insurance fund of the companies stood at Rs 870.67 billion. Previous fiscal year 2081. The life insurance fund of the companies stood at Rs 741.22 billion in the same period of 1982. The life insurance fund size of the companies increased by 17.46 percent in the review period compared to the previous year.
The size of life insurance fund of all companies has increased during the review period as compared to the previous year. IME Life is the largest life insurance fund of Nepal Life Insurance in terms of growth rate.
As of mid-January of the current fiscal year, Nepal Life has a life insurance fund of Rs 255.09 billion. The company’s life insurance fund stood at Rs 217.14 billion in the same period last year. The size of the company’s life insurance fund has increased by 17.48 percent.
Life Insurance Company is the second largest life insurance company. The life insurance fund of the company increased to Rs. 139.88 billion in the review period from Rs. 127.27 billion in the previous year. The life insurance fund size of the company increased by 9.90 percent in the review period compared to the previous year.
Similarly, National Life Insurance Fund is the third largest life insurance fund. As of mid-January of the current fiscal year, the company’s life insurance fund stood at Rs 97.56 billion. The company’s life insurance fund stood at Rs 77.95 crore in the same period last year. The company’s life insurance fund has increased by 25.16 percent.
According to the financial statement, Sun Nepal Life Insurance is the smallest life insurance fund. The company has a net worth of Rs 11.04 billion. The life insurance fund of the company has increased by 23.17 percent compared to the previous year.
In terms of growth rate, the size of life insurance fund of IME Life Insurance Fund has increased by 41.27 percent. The company’s life insurance fund stood at Rs 15.35 billion in the review period.
How TAG_OPEN_strong_20 much in the life insurance fund of which company?
