Kathmandu, November 22:

Shikher Insurance Company Ltd (SICL), which is involved in the business of non-life insurance,

has entered into a second year of its operation. The company issuing a press statement said that it has announced to issue 20 per cent shares of the total issued capital for public investment. “The company has collected over Rs 206 million insurance premium in a period of one year,” states the release. SICL disclosed that it has paid Rs 6 million tax to the government also.