Non-Life Insurers Exceed Rs 24 Billion in Semi-Annual Revenue

Financial data released this week shows that Nepal’s non-life insurance companies collected over Rs 24 billion in premiums during the first half of the current fiscal year. Shikhar Insurance leads the market with Rs 2.77 billion in business, followed closely by Sagarmatha Lumbini Insurance (SALICO) with Rs 2.61 billion, reflecting steady growth in the general insurance segment.