Kathmandu. American life insurance company MetLife fy 2081. The financial statements of 82 have been made public.
According to the financial statement, MetLife has earned a profit of Rs 496.1 million in the review year. The previous fiscal year 2080. The company had posted a net profit of Rs 827.9 million in 2017-19. Compared to the previous fiscal year, the company’s profit decreased by 40.07 percent in the review year.
In the review year, the company has rs 576.8 million in disaster fund, Rs 2.62 billion in retained earnings and Rs 1.17 billion in other equities. In the previous fiscal year, the disaster fund stood at Rs 527.6 million, retained earnings at Rs 2.56 billion and other equities at Rs 1.07 billion.
In the last fiscal year, the company’s life insurance fund stood at Rs 29.58 billion. In the previous year, the life insurance fund stood at Rs 25.60 billion. The size of the company’s life insurance fund increased by 15.54 percent in the review period compared to the previous year.
In the review year, the company earned a total insurance premium of Rs 6.25 billion. In the previous fiscal year, the company had earned a total insurance premium of Rs 5.67 billion. Compared to the previous year, the company’s total insurance revenue has increased by 10.20 percent in the review year.
In the last fiscal year, the company earned Rs 6.01 billion in net insurance premium. In the same period of the previous fiscal year, the company had earned a net insurance premium of Rs 5.45 billion. The company’s net insurance revenue has increased by 10.15 percent compared to the previous year.
