Kathmandu. Nepal Insurance Company for the fiscal year 2082. The company has published its unaudited financial statements for the fourth quarter of FY83. According to the financial report, the company’s profit has decreased. <\/p>\n
The company with a paid-up capital of Rs 2.54 billion has special reserves, Rs 11.85 crore in catastrophe fund, Rs 5.73 crore in retained earnings and Rs 12.13 crore in other equity. <\/p>\n
In the previous year, the company had collected Rs 1.51 billion in special reserves, Rs 11.21 crore in catastrophe fund, Rs 16.29 crore in retained earnings and Rs 7.89 crore in other equities. <\/p>\n
During the review period, the company earned a net profit of Rs 2.16 billion. The company earned a net profit of Rs 1,836,000 crore in the same quarter last year. The company’s total premium has increased by 17.87 percent in the review period compared to the previous year. <\/p>\n
In the review period, the company earned Rs 1.12 billion in net insurance premium. Compared to the previous fiscal year, the net insurance premium has increased by 18.14 percent. The company had earned Rs 95.<\/p>\n
05 crore in the same period of the previous year.<\/p>\n
In the review period, the company spent Rs 1.04 billion on reinsurance. The company had spent Rs 88.63 crore in the same period last year. The company has spent more money through reinsurance in this review period than the previous year. <\/p>\n
During the review period, the company earned a net profit of Rs 12.75 crores. The company had posted a net profit of Rs 31.64 crore in the same quarter last year. The company’s profit declined in the review period compared to the previous year. <\/p>\n
The company has EPS of Rs 5 per share. The net worth per share of the company stands at Rs 176.85.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Nepal Insurance Company for the fiscal year 2082. The company has published its unaudited financial statements for the fourth quarter of FY83. According to the financial report, the company’s profit has decreased. The company with a paid-up capital of Rs 2.54 billion has special reserves, Rs 11.85 crore in catastrophe fund, Rs 5.73 crore […]<\/p>\n","protected":false},"author":9,"featured_media":191279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45096],"tags":[],"class_list":["post-310950","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\/310950","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=310950"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/310950\/revisions"}],"predecessor-version":[{"id":310951,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/310950\/revisions\/310951"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/191279"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=310950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=310950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=310950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}