Why investors of Shikhar insurance should cheer?

Kathmandu February 22- Investors of Shikhar Insurance should be aware of the facts that:

• Shikhar Insurance seems the most successfully operated private sector insurance company.
• After issuance of FPO, Shikhar Insurance will have the highest paid up capital among the private sector insurance companies.
• Shikhar Insurance covers the larger portion of the market while its collection of premium and net worth per share is also highest among its counterparts.
• As per the published financial reports of previous FY and second quarter report of current FY, Shikhar Insuranc has earned the highest profit among the other companies which is more than Rs. 100 million.
• No of employees in the company also exceed other companies with 230 employees serving its customers.
• Market share price of the company is above Rs. 1700, the premier among other insurance companies.
• Shikhar insurance is in collaboration with world's renowned re-insurance companies whose recently issued FPO was oversubscribed by 14 times which is itself a history.
• Shikhar insurance has used RFIED chips in livestock insurance, a first in Nepal.

 

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