IME Life New

Salico paid Rs. 4.96 billion in claims in FY 2082/83, Rs. Rs 5.42 billion in insurance premiums collected

SPIL
Nepal Life

Kathmandu. Sagarmatha Lumbini Insurance Company Limited (SALICO), one of Nepal’s leading non-life insurance companies, has achieved remarkable business success by earning NPR 5.42 billion in total insurance premiums for the fiscal year 2082/83.

During the period, the company paid 4.96 billion claims, consolidating its commitment and trust towards the insured.

Esewa
Crest

Over the last few years, the company has made remarkable strides in terms of expansion of business, strengthening service network, and increasing customer reach. Along with this, Salico has been continually validating its commitment to its customers by significantly increasing its claim payment capabilities.

Speaking on the occasion, CEO Chunky Chettri shared, “We would like to express our sincere gratitude to our customers, agents, business partners, employees, shareholders, regulators and stakeholders for their continued faith in us. This trust, support and cooperation has motivated us to move forward. We promise to further strengthen this trust in the days to come with excellent service, faster claim payment, innovative insurance solutions and customer centric service.” ‘

The company believes that it will continue to contribute to the sustainable development of insurance industry in Nepal in the days ahead, providing safe, reliable and quality insurance services to its customers through technology-friendly services, easy claim management and innovative insurance solutions.

 

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