Kathmandu. Shikhar Insurance Company in 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 profit has decreased. <\/p>\n
The company has a paid-up capital of Rs 3.10 billion and has a reserve of Rs 1.98 billion, a catastrophe fund of Rs 16.76 crore, a retained earnings of Rs 7.98 crore and other equity of Rs 62.16 crore. <\/p>\n
In the previous year, the company had invested Rs 1.91 billion in special reserves, Rs 16.11 crore in catastrophe fund, Rs 210.4 million in retained earnings and Rs 59.83 crore in other equities. <\/p>\n
During the review period, the company earned Rs 6.21 billion in total insurance premiums. The company had earned a net profit of Rs 5.62 billion in the same quarter last year. The company’s total premium has increased by 10.32 percent in the review period compared to the previous year. <\/p>\n
In the review year, the company earned Rs 1.95 billion in net insurance premium. Compared to the previous fiscal year, the net insurance premium has increased by 10.79 percent.<\/p>\n
The company had posted a net insurance premium of Rs 1.76 billion in the same quarter last year.<\/p>\n
In the review period, the company spent Rs 4.25 billion on reinsurance. The company had spent Rs 3.86 billion 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 period under review, the company earned a net profit of Rs 13 crore. The company had posted a net profit of Rs 45.20 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 4.19 crore. The net worth per share of the company is Rs 191.95.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Shikhar Insurance Company in 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 profit has decreased. The company has a paid-up capital of Rs 3.10 billion and has a reserve of Rs 1.98 billion, a catastrophe fund of […]<\/p>\n","protected":false},"author":9,"featured_media":226546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45096],"tags":[],"class_list":["post-311153","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\/311153","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=311153"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/311153\/revisions"}],"predecessor-version":[{"id":311154,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/311153\/revisions\/311154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/226546"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=311153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=311153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=311153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}