National Life Appoints NIBL Capital as Issue Manager

February 7: National Life Insurance has appointed NIBL Capital Markets as its Issue Manager. Issuing a press statement, the life insurance company informed of appointing an Issue Manager in order to manage right share floatation to be issued in near future as per the decision of its 28^thAGM. The AGM decided to float 1:1 right shares to its existing shareholders. According to the company, it earned Rs 3.84 billion as insurance premium during the FY 2072/73.