Kathmandu. Star Micro Insurance Company in the last fiscal year 2082. The company has made public the unaudited financial statements of 83 years. <\/p>\n
According to the financial report, the company has earned a profit of Rs 1.20 crore in the last fiscal year. Previous fiscal year 2081. The company had posted a net profit of Rs 53.28 lakh in the review period. The company’s profit increased by 125.30 percent in the review year compared to the previous year. <\/p>\n
In the review year, the company has a special reserve of Rs 50.64 lakh, a catastrophe fund of Rs 50.06 lakh, a retained earnings of Rs 28.05 lakh and other equity of Rs 1.35 crore. Last year, it had invested Rs 21.64 lakh in special reserves, Rs 2,16,000 in disaster fund, Rs 20 lakh in retained earnings and Rs 70.66 lakh in other equities. <\/p>\n
In the last fiscal year, the insurance fund of the company stood at Rs 30.38 crore. In the previous year, the insurance fund was Rs 16.19 crore. The size of the company’s insurance fund increased by 87.63 percent in the review year compared to the previous year. <\/p>\n
In the review period, the company earned a total insurance premium of Rs 26.78 crores. The company had posted a net profit of Rs 15.45 crore in the previous fiscal year. The company’s total premium has increased by 73.25 percent in the review year compared to the previous year. <\/p>\n
The company earned a net insurance premium of Rs 11.21 crore in the review period. In the previous fiscal year, the company had earned a net premium of Rs 5.29 crores. The company’s net premium has increased by 111.74 percent compared to the previous year. <\/p>\n
The company’s annual earnings per share (EPS) has increased to Rs 2.29 from Rs 52.50 crore. The EPS was Rs. 1.01 a year ago. <\/p>\n
The solvency ratio of the company stood at 1.94 in the review year. The solvency ratio was 1.94 in the previous year. <\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Star Micro Insurance Company in the last fiscal year 2082. The company has made public the unaudited financial statements of 83 years. According to the financial report, the company has earned a profit of Rs 1.20 crore in the last fiscal year. Previous fiscal year 2081. The company had posted a net profit of […]<\/p>\n","protected":false},"author":16,"featured_media":210087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45149,45159],"tags":[],"class_list":["post-310968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-laghu-beema-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/310968","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=310968"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/310968\/revisions"}],"predecessor-version":[{"id":310969,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/310968\/revisions\/310969"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/210087"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=310968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=310968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=310968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}