Kathmandu. Sanima GIC 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
The company has a paid-up capital of Rs 2.15 billion and has Rs 77.52 crore in special reserve, Rs 4.85 crore in catastrophe fund, Rs 19.27 crore in retained earnings and Rs 12.38 crore in other equity. <\/p>\n
As of mid-July of the previous year, the company had special reserves of Rs 74.95 crore, catastrophe fund of Rs 4.59 crore, retained earnings of Rs 17.27 crore and other equities of Rs 14.27 crore. <\/p>\n
According to the financial report, the company has earned a profit of Rs 5.13 crore in the first nine months of the current FY. Previous fiscal year 2081. The company had posted a net profit of Rs 23.35 crore in the same period. The company’s profit fell by 78 percent compared to the same period last year. <\/p>\n
The company has earned a net profit of Rs 1.97 billion in the review period. The company had collected Rs 1.68 billion in total insurance premiums in the same period last year. The company’s total premium has increased compared to the previous year. <\/p>\n
The company has earned Rs 53.43 crore in net insurance premium during the review period. The company had posted a net premium of Rs 49.52 crore in the same period last year. Compared to the previous year, the company’s net premium has increased by 7.88 percent. <\/p>\n
The solvency ratio of the company stood at 5.85 percent as of mid-April of the current FY. As of mid-April of the current FY, the company’s annual earnings per share stood at Rs 3.19. The net worth per share of the company is Rs 155.05.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Sanima GIC 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. The company has […]<\/p>\n","protected":false},"author":9,"featured_media":216794,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45096],"tags":[],"class_list":["post-298783","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\/298783","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=298783"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/298783\/revisions"}],"predecessor-version":[{"id":298784,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/298783\/revisions\/298784"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/216794"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=298783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=298783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=298783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}