NLG Insurance Co Ltd 2024 Annual Report with Sustainability Disclosures
Company: NLG Insurance Co Ltd
Sector: Finance & insurance
Country: Nepal
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 154
The report presents NLG Insurance Company's FY2080/81 performance for the year ended 15 July 2024. It reports gross written premiums of NPR 258.33 crore, a 342.38% solvency ratio, and 444 employees. The company describes launching online policy issuance, strengthening climate-risk underwriting for hydropower projects, and setting climate-related risk, collaboration, and awareness targets. It also reports allocating 1% of net profit to CSR activities supporting earthquake victims, health infrastructure, education, and insurance awareness.
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