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Crest Micro Life’s net insurance premium rises 76%

SPIL
Nepal Life

Kathmandu. Crest Micro Life Insurance Company has published its financial results for the first quarter of the fiscal year 2082/83. According to the company’s financial report, most of the company’s indices have risen.

The company has a paid-up capital of Rs 75.59 crore. The redemption earnings are Rs 4.53 crore. The company has Rs 3.23 crore in equity.

Esewa
Crest

As of mid-July last year, the company had a total of Rs 45,84,000. The redemption earnings are Rs 3.48 crore. The other equity was Rs 3.23 crore.

During the period, the company earned a net profit of Rs 27.49 crores. The company had earned a total insurance premium of Rs 14.31 crore in the same quarter last year. The company’s total premium has increased by 92 percent compared to the previous year.

During the period, the company earned Rs 20.72 crore in net premium. The company had posted a net insurance premium of Rs 11.75 crore in the same quarter last year. The company’s net premium has increased by 76 percent compared to the same period last year.

During the period, the company earned a net profit of Rs 1.17 crore. The company had posted a net profit of Rs 40.17 crore in the same quarter last year. The company’s profit has increased significantly compared to the previous year.

 

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