Kathmandu. National Insurance Company in the financial year 2082. The company has published its unaudited financial statements for the second quarter of FY83. <\/p>\n
In the second quarter of the current fiscal year, the company had a special reserve of Rs 1.48 billion. During this period, the retained earnings were negative at Rs 1.32 billion. Other equities stood at Rs 39.46 crore. As of mid-July last year, the special reserve was Rs 1.45 billion. Retained earnings were negative at Rs 1.34 billion. Other equities stood at Rs 37.52 crore. <\/p>\n
The company posted a net profit of Rs 6.10 crore in the review period compared to a loss of Rs 36.98 crore in the corresponding period of the previous FY. <\/p>\n
During the review period, the company earned a net profit of Rs 44.02 crores. The company had posted a net profit of Rs 53.59 crore in the same quarter last year. In comparison to the previous year, the company’s total premium income decreased marginally. <\/p>\n
In the review period, the company earned a net insurance premium of Rs 23.48 crores. Compared to the previous fiscal year, the net insurance premium has decreased in the review year. The company had posted a net insurance premium of Rs 25.24 crore in the same quarter last year. <\/p>\n
In the review period, the company spent Rs. 20.53 crores on reinsurance. The company had spent Rs 28.35 crore in the same period last year. <\/p>\n
During this period, the solvency ratio of the company stood at 1.67 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. National Insurance Company in the financial year 2082. The company has published its unaudited financial statements for the second quarter of FY83. In the second quarter of the current fiscal year, the company had a special reserve of Rs 1.48 billion. During this period, the retained earnings were negative at Rs 1.32 billion. Other […]<\/p>\n","protected":false},"author":9,"featured_media":13134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45096],"tags":[],"class_list":["post-287109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-news-en","category-non-lifeinsurance-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/287109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=287109"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/287109\/revisions"}],"predecessor-version":[{"id":287110,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/287109\/revisions\/287110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/13134"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=287109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=287109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=287109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}