IME Life New

Looking at Nepal, National and LIC Nepal as important indicators

SPIL
Global College
Nepal Life New

Kathmandu. Nepal Life, National Life and Life Insurance Corporation (LIC Nepal) is an established and old life insurance company in Nepal. These companies are in the financial year 2081. A comparative study conducted by Insurance Khabar in the event of making public the financial report up to the third quarter of 82:

Nepal Life TAG_CLOSE_strong_44 has TAG_OPEN_strong_44 a paid-up capital of Rs 9.02 billion while National Life has a paid-up capital of Rs 5.21 billion based on the financial statement TAG_CLOSE_span_34 s for the third quarter. Similarly, LIC Nepal has a paid-up capital of Rs 5 billion.

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retained earnings: Nepal Life has retained earnings of Rs 1.18 billion and National Life has retained earnings of Rs 855.1 million. Similarly, LIC Nepal has a retained earning of Rs 3.37 billion.

Other equities: Nepal Life has Rs 725.7 million in other equities and Rs 407 million in other equities of National Life. Similarly, LIC Nepal has rs 398.9 million in other equities.

TAG_OPEN_strong_41 Life Insurance Fund TAG_CLOSE_span_31 TAG_CLOSE_strong_41 is very important for life insurance companies, with Nepal Life’s life insurance fund of Rs 225.67 billion and National Life’s life insurance fund of Rs 81.32 billion. Similarly, LIC Nepal has a life insurance fund of Rs 129.80 billion.

Nepal Life Insurance has earned Rs TAG_OPEN_strong_40 32.TAG_CLOSE_strong_40 87 billion in total insurance premiums till the third quarter TAG_CLOSE_span_30 of the current fiscal year while National Life has earned Rs 14.26 billion in total insurance premiums. Similarly, LIC Nepal has earned a total insurance premium of Rs 14.03 billion.

Nepal Life Insurance has earned Rs TAG_OPEN_strong_39 32.TAG_CLOSE_strong_39 5 0 billion in net insurance premium till TAG_CLOSE_span_29 the third quarter of the current fiscal year while National Life has earned Rs 14.07 billion in net insurance premium. Similarly, LIC Nepal has earned Rs 13.95 billion in net insurance premium.

Agent Commission: Till the third quarter of the current fiscal year, Nepal Life has spent Rs 2.41 billion on agent commissions while National Life has spent Rs 1.48 billion. Similarly, LIC Nepal has rs 982.8 million.

Net Profit: Till the third quarter, Nepal Life earned a net profit of Rs 652.2 million, while National Life posted a net profit of Rs 408.5 million. Similarly, LIC Nepal has posted a net profit of Rs 236 million.

Earnings per share: Nepal Life’s annual earnings per share is Rs 9.63 while National Life’s income is Rs 10.49. Similarly, LIC Nepal is priced at Rs 6.29.

Net worth per share: Nepal Life has a net worth of Rs 135.81 per share while National Life has a net worth of Rs 136.47. Similarly, LIC Nepal has rs 198.97.

(Note: The available data is prepared from the financial statements published by the company.) This analysis is not complete. Investors will have to conduct further investigation before making a decision on the transaction. ’

 

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