United Insurance Company successfully conducts its 27th AGM

16th Aug, 2021 | Tourism Mail Crew

KATHMANDU, Aug 16: United Insurance Co. (Nepal) Ltd has successfully conducted its 27th Annual General Meeting on August 16, 2021 through virtual medium. In the meeting, the annual report of the board of directors, balance sheet of the fiscal year 076/077, profit and loss account and cash impact statement and other related schedules were passed. 

In the 28th year of the establishment of the company, as per the fourth financial statement of FY 2077/78, the company has increased its premium income by 51.25 percent and entered the insurance billion clubs for the first time. Expressing happiness over the success of the company, all the shareholder dignitaries thanked and congratulated the Board of Directors and the management.

In the same meeting, it was announced that the total premium income of the company was Rs. 69,89,03,983.82 crore and the company's paid up capital was  increased to 1,02,89,60,000.00 rupees. In the coming days, the company commits to expand the quality of its branches and services and move forward at a faster pace on the path of development.