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<p>Union Life Insurance has collected the highest amount of insurance premium of Rs 410.7 million by the end of Falgun. The premium collection of the company was Rs 330 million during the month of Magh. The company had collected premium from 28,359 individuals during the month of Magh. Additional 7,665 individuals purchased their premium during Falgun.</p>
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New Insurance Companies Record Increase in Insurance Premium Collection
1 min 14 sec to read
April 28: Nine new insurance companies registered during the current fiscal year have succeeded to increase their premium collection.
The newly formed nine companies earned Rs 1.17 billion, states a report presented by the Insurance Board.
The premium collection of the nine companies has increased by 32.59 percent during the month of Falgun in comparison to Magh. According to the report of the Insurance Board, the new companies had collected insurance premium of Rs 884.3 million as of Magh.
Union Life Insurance has collected the highest amount of insurance premium of Rs 410.7 million by the end of Falgun. The premium collection of the company was Rs 330 million during the month of Magh. The company had collected premium from 28,359 individuals during the month of Magh. Additional 7,665 individuals purchased their premium during Falgun.
Sanima Life Insurance also recorded an increase in its premium collection in Falgun as ompared to Magh. There was 165 percent increment in insurance premium collection of Sanima Life in Falgun. The company had collected Rs 7.3 million during the month of Falgun. It had only collected Rs 2.7 million in Magh.
Jyoti Life Insurance also gained 143 percent increment in premium collection during the month of Falgun. The company had earned premium of Rs 30.4 million in Magh but its premium collection reached Rs 74 million in Falgun.
Banks and other financial institutions have already presented their third quarter financial report but insurance companies are yet present theirs.
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'title' => 'New Insurance Companies Record Increase in Insurance Premium Collection ',
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'summary' => 'April 28: Nine new insurance companies registered during the current fiscal year have succeeded to increase their premium collection.',
'content' => '<p>April 28: Nine new insurance companies registered during the current fiscal year have succeeded to increase their premium collection.</p>
<p>The newly formed nine companies earned Rs 1.17 billion, states a report presented by the Insurance Board.</p>
<p>The premium collection of the nine companies has increased by 32.59 percent during the month of Falgun in comparison to Magh. According to the report of the Insurance Board, the new companies had collected insurance premium of Rs 884.3 million as of Magh.</p>
<p>Union Life Insurance has collected the highest amount of insurance premium of Rs 410.7 million by the end of Falgun. The premium collection of the company was Rs 330 million during the month of Magh. The company had collected premium from 28,359 individuals during the month of Magh. Additional 7,665 individuals purchased their premium during Falgun.</p>
<p>Sanima Life Insurance also recorded an increase in its premium collection in Falgun as ompared to Magh. There was 165 percent increment in insurance premium collection of Sanima Life in Falgun. The company had collected Rs 7.3 million during the month of Falgun. It had only collected Rs 2.7 million in Magh.</p>
<p>Jyoti Life Insurance also gained 143 percent increment in premium collection during the month of Falgun. The company had earned premium of Rs 30.4 million in Magh but its premium collection reached Rs 74 million in Falgun.</p>
<p>Banks and other financial institutions have already presented their third quarter financial report but insurance companies are yet present theirs. </p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
