Non-life insurance companies in Nepal have decided to restart selling agro insurance policies until the end of Asar 2080, responding to persistent requests from the government and farmers. However, these companies have cautioned the government that they will stop issuing policies if the subsidy amount is not paid within the specified timeframe, according to a media statement.
Highlights:
- Shikhar Insurance Leads Non-Life Insurance Premium Collection with Rs. 36.19 Arba in Jestha
- “Intense Competition Propels Life Insurers to Collect Rs. 1.42 Kharba in Premiums Until Ashad”
- The deadline for life and non-life insurance companies to raise capital to Rs 5 billion has passed.
- Non-Life Insurance Sector in Nepal Achieves Rs. 10.44 Arba Premium in FY 2080/81
- NEPSE Index Edges Up by 6.90 Points to Close at 2,830.16