Over 18.5 billion is the combined revenue of 14 life insurance firms, with Nepal Life being the largest.
Over 18.5 billion rupees have been traded by 14 distinct life insurance companies in the first month of the current financial year, July.
During that time, the businesses have sold 322,786 insurance policies, according to figures made public by the Nepal Insurance Authority on Thursday.
During that time, Nepal Life Insurance was the most successful company. A total of 5.71 billion rupees in insurance fees have been received by the company. This represents 30.81 percent of the life insurance industry's overall premium.
In a similar vein, National Life Insurance is the second. During that time, the aforementioned company has received 2 billion 265 million rupees in insurance fees. In the life insurance industry, this represents 12.22% of all insurance premiums.
Third place goes to Life Insurance Corporation (Nepal). Over that time, the company has received 2.7 billion rupees in insurance fees.
Source: Nepal Insurance Authority