Kathmandu. IGI Prudential Insurance Company for the financial year 2082. The company has published its unaudited financial statements for the fourth quarter of FY83. According to the financial report, the company’s net profit has fallen by almost 100 percent, while other indicators have increased. <\/p>\n
The company has a paid-up capital of Rs 3.02 billion with special reserve of Rs 1.86 billion, catastrophe fund of Rs 9.77 crore, retained earnings of Rs 1.84 crore and other equity of Rs 42.48 crore. <\/p>\n
In the previous year, the company had a reserve of Rs 1.84 billion, a catastrophe fund of Rs 95.8 million, retained earnings of Rs 15.44 crore and other equity of Rs 57.76 crore. <\/p>\n
In the review period, the company earned a net profit of Rs 4.38 billion. In the same quarter last year, the company earned a net profit of Rs 3.94 billion. The company’s total premium has increased by 11.22 percent in the review period compared to the previous year. <\/p>\n
In the review period, the company earned Rs 1.45 billion in net premium. Compared to the previous fiscal year, the net insurance premium has increased by 6.67 percent. The company had earned a net insurance premium of Rs 1.36 billion in the same quarter last year<\/p>\n
.<\/p>\n
In the review period, the company spent Rs 2.93 billion on reinsurance. In the same period of the last FY, the company had spent Rs 2.58 billion through reinsurance. <\/p>\n
During the review period, the company earned a net profit of Rs. 40.38 crores. The company had posted a net profit of Rs 36.40 crore in the same quarter last year. The company’s net profit declined by 98.89 percent in the review period compared to the previous year. <\/p>\n
The company has EPS of Rs 0.13 per share. The net worth per share of the company is Rs 179.53.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. IGI Prudential Insurance Company for the financial year 2082. The company has published its unaudited financial statements for the fourth quarter of FY83. According to the financial report, the company’s net profit has fallen by almost 100 percent, while other indicators have increased. The company has a paid-up capital of Rs 3.02 billion with […]<\/p>\n","protected":false},"author":9,"featured_media":179038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45096],"tags":[],"class_list":["post-310932","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\/310932","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=310932"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/310932\/revisions"}],"predecessor-version":[{"id":310933,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/310932\/revisions\/310933"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/179038"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=310932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=310932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=310932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}