Kathmandu. Nepal Reinsurance Company Company in the last 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 incurred a loss of Rs 7.98 billion till the end of the current FY. Previous fiscal year 2081. The company had posted a net profit of Rs 53.26 crore in the same period. The impact of the damage caused by the Genji agitation has been felt by the state-owned reinsurance company. <\/p>\n
During the review period, the company has a paid-up capital of Rs 13.42 billion, special reserve of Rs 4.92 billion, catastrophe fund of Rs 42.76 crore and other equity of Rs 782.3 billion. As of mid-July of the previous year, the company had a special reserve of Rs 4.92 billion, a catastrophe fund of Rs 42.76 crore, a retained earnings of Rs 93.37 crore and other equity of Rs 82.23 crore. <\/p>\n
The company has earned a total insurance premium of Rs 4.09 billion in the current FY. The company had posted a net profit of Rs 4.37 billion in the same period last year. The company’s total premium income decreased by 6.39 percent in the review period compared to the previous year. <\/p>\n
The company earned a net insurance premium of Rs 3.64 billion in the review period. The company had posted a net insurance premium of Rs 4.16 billion in the same period last year. Compared to the previous year, the net premium has decreased by 8.88 percent. <\/p>\n
The company’s earnings per share (EPS) during the review period stood at Rs 59.49. The EPS was Rs 3.97 a year ago. The net worth per share of the company has come down to Rs 93.16.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Nepal Reinsurance Company Company in the last 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 incurred a loss of Rs 7.98 billion till the end of the current FY. Previous fiscal year 2081. The […]<\/p>\n","protected":false},"author":16,"featured_media":220306,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45102],"tags":[],"class_list":["post-303312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-news-en","category-reinsurance-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/303312","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=303312"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/303312\/revisions"}],"predecessor-version":[{"id":303313,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/303312\/revisions\/303313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/220306"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=303312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=303312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=303312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}