Kathmandu. Asian Life Insurance Company for the fiscal year 2082. The company has published its unrevised financial statements for the second quarter of 2018.<\/p>\n
According to the financial report, the company has earned a profit of Rs 26.35 crore in the first six months of the current FY. Previous fiscal year 2081. The company had posted a net profit of Rs 25.03 crore in the year ended December 1988. The company’s net profit increased by 5.30 percent in the review year compared to the previous year.<\/p>\n
During the review period, the company had a share premium of Rs 10.99 crore, catastrophe fund of Rs 31.38 crore, retained earnings of Rs 91.90 crore and other equity of Rs 9.40 crore. As of mid-July of the previous year, the catastrophe fund stood at Rs 28.74 crore, Rs 86.70 crore in retained earnings and Rs 9.80 crore in other equities.<\/p>\n
As of mid-January of the current fiscal year, the company’s life insurance fund stood at Rs 50.85 billion. In the same period of the previous year, the life insurance fund was Rs 44.68 billion. The life insurance fund size of the company increased by 11.91 percent in the review period compared to the previous year.<\/p>\n
During the review period, the company earned a net profit of Rs 4.74 billion. In the same period last year, the company earned Rs 4.21 billion in total insurance premiums. The company’s total premium has increased by 12.49 percent compared to the previous year.<\/p>\n
The company has earned Rs 4.64 billion in net insurance premium till mid-January of the current FY. The company had posted a net insurance premium of Rs 4.17 billion in the same period last year. Compared to the previous year, the company’s net premium has increased by 11.40 percent.<\/p>\n
The company’s annual earnings per share (EPS) has increased to Rs 10.54 from Rs 5.11 billion. The EPS was Rs. 10.01 in the previous year. The company has a net worth of Rs 128.73 per share with a P\/E ratio of 44.94 times.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Asian Life Insurance Company for the fiscal year 2082. The company has published its unrevised financial statements for the second quarter of 2018. According to the financial report, the company has earned a profit of Rs 26.35 crore in the first six months of the current FY. Previous fiscal year 2081. The company had […]<\/p>\n","protected":false},"author":16,"featured_media":128116,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45152,45159],"tags":[57950],"class_list":["post-286292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-life-insurance-en","category-news-en","tag-lifeinsurancecompany-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/286292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=286292"}],"version-history":[{"count":2,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/286292\/revisions"}],"predecessor-version":[{"id":286358,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/286292\/revisions\/286358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/128116"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=286292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=286292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=286292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}