NIC announces its 2020 audited financial results

The National Insurance Co. Ltd (“NIC Life”) and the NIC General Insurance Co. Ltd (“NIC General”), operating under the umbrella brand of “NIC”, have recently reported their respective audited financial results for the year ended 30 June 2020. Key highlights:

• NIC Life reported a total revenue of Rs 1.69 billion alongside a profit of nearly Rs 142.2 million for the year ended 30 June 2020

• NIC General reported a gross premium of nearly Rs 356.9 million and a profit of Rs 28.8 million for the year ended 30 June 2020

For further information, please refer to the respective Annual Reports & audited Financial Statements on the website.