Kathmandu. Life insurance companies have spent more than Rs 7 billion in salary allowances of employees in a fiscal year. Currently, 14 life insurance companies in Nepal have spent Rs 7.29 billion in salary allowances in the last fiscal year 2082/83.
In the previous fiscal year, the life insurance companies had spent Rs. 6.66 billion in the previous fiscal year.This is 5. 05 percent less than the previous fiscal year.
In the last fiscal year, Himalayan Life Insurance has spent the most on salary and allowances of its employees.The company has spent Rs 90.27 crore on salaries and allowances of its employees.
Similarly, Nepal Life Insurance has spent the second highest amount on salary and allowances of employees.In the last fiscal year, Surya Jyoti Life Insurance has spent Rs 88.98 crore on salary and allowances.
Similarly, National Life Insurance has contributed Rs 546.3 million, Sanima Reliance Insurance Rs 49.49 crore, Reliable Nepal Life Insurance Rs 47.13 billion,Life Insurance has contributed Rs 47.13 billion, Life Insurance has contributed Rs 47..}and Nepal Life Insurance has contributed Rs 47.65 million.Similarly, Prabhu Mahalaxmi Life Insurance has collected Rs 440.5 million, Sun Nepal Life Insurance Rs 39.46 crore, Met Life Insurance Rs 38.42 crore, Citizen Life Insurance Rs 37.89 billion, Citizen Life Insurance Rs 36.98 billion, Prabhu Life Insurance Rs 44.46 billion, Prabhu Life Insurance Rs 44.46 billion, Sun Nepal Life Insurance Rs 39.46 billion, Met Life Insurance Rs 38.42 billion, Prabhu Life Insurance Rs 18.4 billion, Prabhu Life Insurance Rs 18.4 billion, Prabhu Life Insurance Rs 14.4 billion, Prabhu Life Insurance Rs 18.4 billion, Prabhu Life Insurance Rs 18.4 billion, Prabhu Life Insurance Rs 14.4 billion, Prabhu Life Insurance Rs 14.4 billion, Prabhu Life Insurance Rs 14.4 billion, and Prabhu Life Insurance Rs 18.4 billion.
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