{"id":311343,"date":"2026-08-16T12:01:22","date_gmt":"2026-08-16T06:16:22","guid":{"rendered":"https:\/\/insurancekhabar.com\/?p=311343"},"modified":"2026-08-16T12:05:05","modified_gmt":"2026-08-16T06:20:05","slug":"non-life-insurer-earns-net-profit-of-rs-2-72-billion-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/non-life-insurer-earns-net-profit-of-rs-2-72-billion-2\/","title":{"rendered":"Non-life insurer earns net profit of Rs 2.72 billion"},"content":{"rendered":"<p>Kathmandu. FY 2082. Non-life insurance companies have earned a profit of Rs 2.72 billion in the fourth quarter of 2018-19. According to the company&#8217;s financial report, the company earned a net profit of Rs 2.72 billion in the review period. The company had posted a net profit of Rs 4.43 billion in the same quarter last year. Compared to the same period last year, the profit of all the companies except Prabhu Insurance has decreased. <\/p>\n<p><span style=\"color: #008000\">Prabhu TAG_OPEN_strong_30 Insurance Company is the only company that has made a profit in the current fiscal year. The company has been able to increase its profit at a time when the profit of all non-life insurance companies has decreased. The company earned a net profit of Rs 24.64 crore during the period. The company had posted a net profit of Rs 20.98 crore in the same quarter last year. The company&#8217;s profit increased by 20 percent compared to the previous year. <\/strong><\/span><\/p>\n<p>During this period, the National Insurance Company has been in loss. During the period, the insurance company incurred a loss of Rs 13.10 crore. The company had posted a loss of Rs 15.07 crore in the same quarter last year. <\/p>\n<p>Oriental Insurance Company (LIC) has earned the highest profit of Rs 49.04 crore in the review period. The company had posted a net loss of Rs 11.76 crore in the same quarter last year.<img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-311341 aligncenter\" src=\"https:\/\/insurancekhabar.com\/wp-content\/uploads\/2026\/08\/non.jpg\" alt=\"\" width=\"681\" height=\"433\" \/>The National Insurance Company is in second place. During the review period, the company earned a net profit of Rs 34.44 crores. The company had posted a net profit of Rs 42.76 crore in the same quarter last year. The company&#8217;s profit decreased by 19.46 percent in the review period compared to the previous year. <\/p>\n<p>In the review period of the last FY, the insurance company has earned a net profit of Rs 33.78 crore. The company had posted a net profit of Rs 53.23 crore in the same quarter last year. The company&#8217;s profit decreased by 36.53 percent compared to the previous year. <\/p>\n<p>Siddhartha Premier Insurance Company has earned a net profit of Rs 32.68 crore in the review period of the last FY. The company had posted a net profit of Rs 75.57 crore in the same quarter last year. Compared to the previous year, the profit decreased by 56.75 percent. <\/p>\n<p>Sagarmatha Lumbini Insurance Company has earned a net profit of Rs 31.30 crore in the same quarter last FY. The company had posted a net profit of Rs 40.32 crore in the same quarter last year. The company&#8217;s net profit fell by 22.35 percent compared to the same period last year. <\/p>\n<p>Neco Insurance Company has earned a net profit of Rs 28.83 crore in the same quarter last year. The company had posted a net profit of Rs 57.88 crore in the same quarter last year. The company&#8217;s profit decreased by 50.19 percent compared to the previous year. <\/p>\n<p>Shikhar Insurance Company has earned a net profit of Rs 13 crore in the same quarter last FY. The company had posted a net profit of Rs 45.20 crore in the same quarter last year. The company&#8217;s profit fell by 71 percent compared to the previous year. <\/p>\n<p>Sanima GIC Insurance Company has earned a net profit of Rs 13 crore in the same quarter last FY. The company had posted a net profit of Rs 33.67 crore in the same quarter last year. The company&#8217;s net profit fell by 61 percent compared to the same period last year. <\/p>\n<p>Nepal Insurance Company (NIC) has earned a net profit of Rs 12.75 crore in the same quarter last year. The company had posted a net profit of Rs 31.64 crore in the same quarter last year. The company&#8217;s profit fell 59 percent compared to the previous year. <\/p>\n<p>United Ajod Insurance Company has earned a net profit of Rs 6.30 crore in the review period. The company had posted a net profit of Rs 17.80 crore in the same quarter last year. The company&#8217;s profit fell by 64 percent compared to the previous year. <\/p>\n<p>NLG Insurance Company has earned a net profit of Rs 5.78 crore in the same quarter of the last FY. The company had posted a net profit of Rs 15.33 crore in the same quarter last year. The company&#8217;s profit fell by 62 percent compared to the previous year. <\/p>\n<p>IGI Prudential Insurance Company has earned a net profit of Rs 40.38 crore in the corresponding period of the last FY. The company had posted a net profit of Rs 36.49 crore in the same quarter last year. The company&#8217;s profit fell by 98 percent compared to the same period a year ago. <\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. FY 2082. Non-life insurance companies have earned a profit of Rs 2.72 billion in the fourth quarter of 2018-19. According to the company&#8217;s financial report, the company earned a net profit of Rs 2.72 billion in the review period. The company had posted a net profit of Rs 4.43 billion in the same quarter [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":189375,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45096],"tags":[],"class_list":["post-311343","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\/311343","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=311343"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/311343\/revisions"}],"predecessor-version":[{"id":311344,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/311343\/revisions\/311344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/189375"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=311343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=311343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=311343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}