Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]

LIC Nepal endorses 25% Bonus Share

  49 sec to read
LIC Nepal endorses 25% Bonus Share
Notice (8): Undefined index: caption [APP/View/Articles/view.ctp, line 241]

May 25: The 14th Annual General Meeting (AGM) of Life Insurance Cooperation (LIC) Limited held on May 24 has endorsed the proposal to distribute 25 percent bonus share and 1.32 percent cash dividend for tax provision.

Similarly, the AGM has endorsed the balance sheet and income and expenditure report of the fiscal year 2071/2072. Likewise, the AGM has unanimously elected Kumar Kesar Bista in the board of director (BOD) from the general shareholders. The company has earned insurance premium of Rs 1.81 billion in the FY 2071/72. During the period, the company has issued 49,000 new insurance policies. The company had total number of 515,000 insurance policies and fund of Rs 20.25 billion in total life insurance fund till the end of the FY.

The company informs that there has been the growth of 30.59 percent in total life insurance fund, 41.67 percent in first insurance policy income and 63.10 percent in the issue of insurance policies in the FY 2071/2072.

Deprecated (16384): Using key `action` is deprecated, use `url` directly instead. [CORE/Cake/View/Helper/FormHelper.php, line 383]
No comments yet. Be the first one to comment.