During the period, Nepal Life Insurance contributes 26.12 percent in total premium earning. The company earned Rs 37.16 billion premium in the review period.
Nepal Life is followed by LIC Nepal with Rs 17.46 billion in premium and National Life Insurance with Rs 16.41 billion in premium.
Meanwhile, Prabhu Mahalaxmi Life Insurance earned the lowest premium of Rs 3.65 billion in the review period.
In terms of growth, IME Life Insurance raised it premium by the highest i.e. 18.26 percent during the period. The company that earned Rs 3.53 billion in premium in the previous FY logged Rs 4.18 billion in premium in the last FY.
Meanwhile , five insurance companies including Prabuu Mahalaxmi Life, Himalayan Life, LIC Nepal, Reliable Nepal Life and Rastriya Beema Sanstha logged decline in premium.
