Kathmandu. Liberty Micro Life Insurance has published the revised financial statements for the third quarter of the fiscal year 2081/82 BS. According to the company’s financial statements, most of the company’s indices have increased.
With a share capital of Rs 525 million, the company has a disaster fund of Rs 1.71 million. The amount of recorded earnings is Rs 14.68 million. Other equities have rs 16.46 lakh.
During this period, the company collected a total insurance premium of Rs 121.79 million. In the same period of the previous year, the company had collected a total insurance premium of Rs 10.2million. Compared to the previous year, the company’s jump insurance premium has increased by 1092 percent. During this period, the company has spent Rs 16.5 million through reinsurance. In the same period last year, the company had spent Rs 341,000 through reinsurance.
During this period, the company has collected Rs 105.2 million in net insurance premium. In the same period of the previous year, the company had collected Rs 9.87 million in net insurance premium. The company’s net insurance premium has increased by 966 percent compared to the previous year.
During the review period, the company posted a net profit of Rs 8.9million. The company had posted a profit of Rs 8.74 million in the year-ago period. The company’s profit has increased by 1.99 percent compared to the previous year. The company has a life insurance fund of Rs 72 million.
