March 19, 2020 | Investopaper
Nepal Life Insurance has appointed Mr. Santosh Prasai, deputy CEO as the spokesperson. The board meeting of the insurance handed the responsibility of spokesperson to Mr. Prasai.
‘In the upcoming days, Deputy CEO Santosh Prasai will take the responsibility of the spokesperson of Nepal Life Insurance’ stated the company.
Nepal Life Insurance is currently the leader among the life insurance companies of Nepal with a market share of almost 33 percent. It has the highest paid-up capital among the life insurers with Rs. 5.50 Arba. The total investments of the company stand at a massive 86.26 Arba. Likewise, the life insurance fund is Rs. 77.59 Arba while the shareholders’ fund stands at Rs. 8.59 Arba.
Until the end of Falgun of this fiscal year, NLIC has collected Rs. 17.95 Arba as the premium. The company has currently 1,52,412 insurance agents and is providing life insurance services all over Nepal with its 200 branches and sub-branches. As of now, a total of 27,29,511 customers have received insurance service from the company.