Kathmandu. Non-life insurance companies have invested more than Rs 65.5 billion in various sectors in the last fiscal year 2082. As of the fourth quarter of 2018-19, more than Rs 65.5 billion has been invested.
According to the data released by the Nepal Insurance Authority till the fourth quarter of the last fiscal year, the 14 non-life insurers currently operating have invested a total of Rs 65.61 billion in various sectors. Out of this, non-life insurers have invested Rs 44.32 billion in fixed deposits of banks and financial institutions. In this way, 67.55 percent of the total investment of non-life insurers is in the fixed deposits of banks and financial institutions.
The private life insurers have invested Rs 38.84 billion in commercial banks, Rs 4.14 billion in development banks and Rs 1.33 billion in finance companies.
Similarly, the insurers have invested Rs 1.10 billion in government bonds and debentures, Rs 5.23 billion in shares of listed public companies, Rs 5.69 billion in preferential shares, bonds, debentures and debentures of banks and financial institutions, Rs 2.16 billion in bonds and debentures of listed public companies, Rs 1.89 billion in mutual funds, Rs 347.3 million in shares of investment companies, Rs 1.36 billion in promoter shares of other promoters and Rs 83.3 million in unlisted public companies.
Similarly, non-life insurers have invested Rs 1.36 billion in agricultural production and distribution, cold storage, tourism industry, hydropower, solar energy and other renewable energy projects, cable car, roads, transmission lines, education and health sectors and Rs 2.03 billion in other sectors.
How much investment in which company?
- National Insurance Company: Rs. 8.15 billion
- Siddhartha Premier Insurance: Rs 7.05 billion
- Shikhar Insurance: Rs 4.99 billion
- Oriental Insurance: Rs 3.81 billion
- NLG Insurance: Rs 3.02 billion
- Prabhu Insurance: Rs 1.07 billion
}
}
TAG_OPEN_li_39 Neco Insurance: Rs 5.82 billion
Sagarmatha Lumbini Insurance: Rs 5.76 billion
}TAG_OPEN_li_38
TAG_OPEN_li_37 Nepal Insurance Company – Rs 5.40 billion
}
TAG_OPEN_li_36 Himalayan Everest Insurance Rs 5.27 billion
}
}
TAG_OPEN_li_34 IGI Prudential Insurance: Rs 4.28 billion
}
TAG_OPEN_li_33 United Ajod Insurance: Rs 4.09 billion
}
}
TAG_OPEN_li_31 Sanima GIC Insurance: Rs 3.77 billion
}
TAG_OPEN_li_29 National Insurance: Rs 3.5 billion
