Kathmandu. In the last fiscal year 2082. In 83 years, they have managed to bring in more than Rs 1.21 billion.
According to the data made public by the Nepal Insurance Authority, three micro life insurance companies have earned a total insurance premium of Rs 1.21 billion in the last fiscal year. In the review year, the total number of active insurance policies of these small life insurers is 24,93,347.
Guardian Micro Life is one of the small life insurers that brought in the most business in the review year. The company has collected a total insurance premium of Rs 42.69 crore. The company has an active number of insurance policies of 15,12,857.
Similarly, Crest Micro Life has collected Rs 41.80 crore and Liberty Life has collected Rs 36.58 crore. The number of active insurance policies of these insurers is 5,64,121 and 4,16,369 respectively.
