{"id":322546,"date":"2026-11-06T11:56:08","date_gmt":"2026-11-06T06:11:08","guid":{"rendered":"https:\/\/insurancekhabar.com\/?p=322546"},"modified":"2026-11-06T12:00:07","modified_gmt":"2026-11-06T06:15:07","slug":"citizen-life-insurance-grows-16-82-net-turnover-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/citizen-life-insurance-grows-16-82-net-turnover-2\/","title":{"rendered":"Citizen Life Insurance Grows 16.82% Net Turnover"},"content":{"rendered":"<p>Kathmandu. Citizen Life Insurance Company has released its unrevised financial statements for the first quarter (July-September) of the fiscal year 2083. According to the financial statements published by the company, most of the indicators except profit have increased. <\/p>\n<p>According to the financial statements, the company has earned a profit of Rs 10.66 crore in the first three months of the current financial year. In the previous financial year, 2082. The company had earned a profit of Rs 13.14 crore till September of 2018. The company&#8217;s profit decreased by 23.90 percent in the review year compared to the previous financial year. <\/p>\n<p>During the review period, the company had a calamity fund of Rs 27.94 crore, retained earnings of Rs 58.70 crore and other equity of Rs 35.86 crore. <\/p>\n<p>Similarly, till mid-July of the previous year, it was Rs 26.94 crore in disaster fund, Rs 49.83 crore in retained earnings and Rs 36.26 crore in other equities. <\/p>\n<p>The life insurance fund of the company stood at Rs 29.16 billion as of mid-September of the current year. The life insurance fund stood at Rs 21.59 billion in the same period last year. The size of the company&#8217;s life insurance fund has increased by 35 percent during the review period compared to the previous year. <\/p>\n<p>The company earned a total premium of Rs 2.57 billion during the review period. The company had earned a total premium of Rs 2.23 billion during the same period in the previous year. The company&#8217;s total premium income increased by 15.33 percent in the review year compared to the previous year. <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-322539 aligncenter\" src=\"https:\/\/media.insurancekhabar.com\/uploads\/2026\/11\/citizenlife-cli-q1-8384.png\" alt=\"\" width=\"1503\" height=\"1284\" \/> <\/p>\n<p>The company had earned a net premium of Rs 2.48 billion till mid-September of the current fiscal year. In the same period of the previous fiscal year, the company had earned a net premium of Rs 2.12 billion. The company&#8217;s net insurance premium has increased by 16.82 percent compared to the previous year. <\/p>\n<p>The company has an annual earnings per share (EPS) of Rs 8.01 billion. The net worth per share of the company is Rs 133.50. <\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. Citizen Life Insurance Company has released its unrevised financial statements for the first quarter (July-September) of the fiscal year 2083. According to the financial statements published by the company, most of the indicators except profit have increased. According to the financial statements, the company has earned a profit of Rs 10.66 crore in the [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":6804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45152,45159],"tags":[],"class_list":["post-322546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-life-insurance-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/322546","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=322546"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/322546\/revisions"}],"predecessor-version":[{"id":322547,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/322546\/revisions\/322547"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/6804"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=322546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=322546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=322546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}