NLIC gets award

KATHMANDU: Nepal Life Insurance Company (NLIC) recently won the award for the ‘Best Managed Life Insurance Company’ for the fourth consecutive year.

NLIC received the award at Newbiz Business Conclave and Awards 2017, which was organised by New Business Age in Capital.

Issuing a press statement, NLIC has said that it was able to earn Rs 4.21 billion as first-year premium in fiscal year 2016-17 and collected gross premium worth Rs 12.22 billion.