General life insurance general meeting concluded, dividend proposal passed

Kathmandu: The 14th Annual General Meeting of Prime Life Insurance Company Limited has been concluded.

In the meeting held on Sunday 19th December, the shareholders participated by maintaining the required health standards and physical distance to minimize the risk of COVID-19 and through virtual medium (Zoom).By passing the financial statements of the Fiscal Year 2076/77 from the said Annual General Meeting, the existing paid up capital from the profits up to that Fiscal Year at the rate of 15 percent .The company has been providing life insurance services from more than 150 locations across the country and will provide services in six more locations next year.

The financial status of the company so far, the achievements of the company in the field of life insurance and the management of the company to give a fair return to the shareholders in the coming years were also given to the shareholders.