The non-life insurance sector has seen strong growth, with six companies surpassing Rs 3 billion in premiums by mid-April. Shikhar Insurance leads with Rs 4.80 billion, followed by Sagarmatha Lumbini and Himalayan Everest Insurance. Overall, 14 insurers collected Rs 36.28 billion in premiums during the first nine months of FY 2025/26, marking a 13.86% increase year-on-year. More than 2.2 million insurance policies were issued during this period.
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