Kathmandu. Sagarmatha Lumbini Insurance Company for the financial year 2082. The company has made public the unrevised financial statements for the third quarter (July to March) of 2018. According to the company’s financial report, the profit of the company has decreased while the total insurance premium and net insurance premium have increased. <\/p>\n
As of the review period, the company has a paid-up capital of Rs 2.62 billion, special reserve of Rs 2.55 billion, catastrophe fund of Rs 22.67 crore, retained earnings of Rs 18.81 crore and other equity of Rs 53.94 crore. <\/p>\n
As of mid-July of the previous year, the company had special reserve of Rs 2.55 billion, catastrophe fund of Rs 21.34 crore, retained earnings of Rs 46.32 crore and other equity of Rs 52.18 crore. <\/p>\n
According to the company’s financial report, the company has earned a net profit of Rs 13.32 crore in the first nine months of the current FY. Previous fiscal year 2081. The company had posted a net profit of Rs 25.19 crore in the same period. The company’s net profit fell by 47 percent compared to the same period last year. <\/p>\n
The company has earned a net profit of Rs 2.97 billion in the review period. The company had collected Rs 2.94 billion in insurance premiums till mid-April last year. The company’s total premium has increased by a small percentage compared to the previous year. <\/p>\n
The company has earned Rs 1.47 billion in net insurance premium in the review period. The company had posted a net premium of Rs 1.29 billion in the same period last year. The company’s net premium has increased by 14 percent compared to the previous year. <\/p>\n
The solvency ratio of the company stood at 3.31 percent as of mid-April of the current FY. <\/p>\n
As of mid-April of the current FY, the company has earned Rs 6.77 per share. The net worth per share of the company is Rs 233.64.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Sagarmatha Lumbini Insurance Company for the financial year 2082. The company has made public the unrevised financial statements for the third quarter (July to March) of 2018. According to the company’s financial report, the profit of the company has decreased while the total insurance premium and net insurance premium have increased. As of the […]<\/p>\n","protected":false},"author":9,"featured_media":216782,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45096],"tags":[],"class_list":["post-298515","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\/298515","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=298515"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/298515\/revisions"}],"predecessor-version":[{"id":298516,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/298515\/revisions\/298516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/216782"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=298515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=298515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=298515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}