Kathmandu. Reliable Nepal Life Insurance has announced the financial year 2082. The company has made public the unrevised financial statements for the second quarter (July-December) of 83 B.S. <\/p>\n
According to the financial report, the company has earned a net profit of Rs 39.58 crore in the first six months of the current FY. Previous fiscal year 2081. The company had posted a net profit of Rs 35.03 crore in the year ended December 1982. The company’s net profit increased by 12.98 percent in the review year compared to the previous year. <\/p>\n
During the review period, the company had a share premium of Rs 1.39 billion, a catastrophe fund of Rs 22.97 crore, a retained earnings of Rs 89.21 crore and other equity of Rs 4.28 crore. As of mid-July of the previous year, the company had invested Rs 1.39 billion in share premium, Rs 22.97 crore in disaster fund, Rs 88.79 crore in retained earnings and Rs 40.4 million in other equity. <\/p>\n
As of mid-January of the current FY, the company’s life insurance fund stood at Rs 15.24 billion. In the same period of the previous year, the life insurance fund was Rs 11.53 billion. The life insurance fund of the company has increased by 32.16 percent in the review period compared to the previous year. <\/p>\n
During the review period, the company earned a total income of Rs 3.09 billion. The company had earned Rs 2.38 billion in total insurance premiums in the same period. The company’s total premium has increased by 29.84 percent compared to the previous year. <\/p>\n
The company has earned Rs 2.93 billion in net insurance premium till mid-January of the current FY. The company had earned Rs 2.11 billion in net insurance premium in the same period of the previous FY. Compared to the previous year, the company’s net premium has increased by 32.39 percent. <\/p>\n
The company’s earnings per share (EPS) has increased to Rs 15.24 from Rs 5.19 billion. The EPS was Rs 15.10 a year ago. The company has a net worth of Rs 144.97 with a P\/E ratio of 21.91 times.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Reliable Nepal Life Insurance has announced the financial year 2082. The company has made public the unrevised financial statements for the second quarter (July-December) of 83 B.S. According to the financial report, the company has earned a net profit of Rs 39.58 crore in the first six months of the current FY. Previous fiscal […]<\/p>\n","protected":false},"author":16,"featured_media":152482,"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-286978","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\/286978","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=286978"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/286978\/revisions"}],"predecessor-version":[{"id":286979,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/286978\/revisions\/286979"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/152482"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=286978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=286978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=286978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}