Kathmandu. Nepal Life Insurance Company in the fiscal 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 33.69 crore in the first six months of the current FY. Previous fiscal year 2081. The company had posted a net profit of Rs 46.51 crore in the quarter ended December 18, 2018. The company’s net profit decreased by 28.03 percent in the review year compared to the previous year. <\/p>\n
As of the review period, the company had a total of Rs 1.30 billion in catastrophe fund, Rs 67.76 crore in retained earnings and Rs 14.92 crore in other equity. As of mid-July of the previous year, the company had invested Rs 1.49 billion in disaster fund, Rs 2.25 billion in retained earnings and Rs 223.6 million in other equities. <\/p>\n
As of mid-January of the current fiscal year, the company’s life insurance fund stood at Rs 255.09 billion. In the same period of the previous year, the life insurance fund was Rs 217.14 billion. The life insurance fund size of the company has increased by 17.48 percent in the review period compared to the previous year. <\/p>\n
During the review period, the company earned a total insurance premium of Rs 25.66 billion. In the same period last year, the company earned Rs 22.39 billion in total insurance premium. The company’s total premium has increased by 14.62 percent compared to the previous year. <\/p>\n
The company has earned Rs 25.53 billion in net insurance premiums till mid-January of the current FY. The company had earned a net insurance premium of Rs 22.12 billion in the same period of the previous FY. Compared to the previous year, the company’s net premium has increased by 15.37 percent. <\/p>\n
The company’s annual earnings per share (EPS) has decreased to Rs 7.11 from Rs 9.48 billion. The EPS was Rs. 11.41 a year ago. The company has a net worth of Rs 124.86 with a PE ratio of 108.19 times.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Nepal Life Insurance Company in the fiscal 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 33.69 crore in the first six months of the current FY. Previous fiscal year […]<\/p>\n","protected":false},"author":16,"featured_media":187599,"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-287093","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\/287093","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=287093"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/287093\/revisions"}],"predecessor-version":[{"id":287094,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/287093\/revisions\/287094"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/187599"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=287093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=287093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=287093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}