The Asian Life Insurance Company Limited (ALICO) has collected Rs.435 million premium cash through its 136,835 life insurance policy of the Nepalese citizens.
A press statement issued by the ALICO claimed that it registered an impressive growth within a year of its operation, which made the company deserve a top position among other nine insurance companies operating in Nepal.
The company said that it was providing service from its 17 branch and 12 communication centers across the country.
The company further said that it was all set to allot ordinary shares worth Rs.108 million. The procedure for the allotment in the Security Board of Nepal, was in the final stage, it said.
Source: Arthakoartha.com
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Thursday, July 23, 2009
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