Kathmandu. Life Insurance Corporation (LIC Nepal) has published the unrevised financial statements for the current fiscal year 2083. The first quarter of 84 (July-September). <\/p>\n
According to the financial statement, the company has earned a profit of Rs 9.69 crore till September of the current financial year. In the previous financial year, 2082. By September 2018, the company had earned a profit of Rs 10.83 crore. The company’s profit declined by 10.52 percent in the review period compared to the previous financial year. <\/p>\n
The company with a paid-up capital of Rs 5.50 billion stood at Rs 498.8 crore in share premium, Rs 78.32 crore in disaster fund, Rs 2.74 billion in retained earnings and Rs 38.30 crore in other equity. As of mid-July last year, it stood at Rs 49.80 crore in share premium, Rs 77.35 crore in catastrophe fund, Rs 2.65 billion in retained earnings and Rs 35.5 crore in other equity. <\/p>\n
During the review period, the life insurance fund of the company stood at Rs 151.08 billion. The life insurance fund stood at Rs 1,36.95 billion in the same period of the previous year. The size of the life insurance fund of the company increased by 10.31 percent in the review year compared to the previous year. <\/p>\n
The company had earned a total premium of Rs 5.46 billion in the same period of the previous year. The company had earned a total premium of Rs 4.98 billion in the same period of the previous year. The total insurance premium of the company increased by 9.62 percent in the review year compared to the previous year. <\/p>\n
The company earned a net premium of Rs 5.43 billion during the review period. In the previous year, the company had earned a net premium of Rs 4.96 billion. The company’s net insurance premium increased by 9.56 percent compared to the previous year. <\/p>\n
The company’s annualized earnings per share (EPS) declined to Rs 7.50 for the end of September of the current financial year. EPS was Rs 7.88 in the previous year. The company’s net worth per share is Rs 180.12 with a PE ratio of 114.13 times.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Life Insurance Corporation (LIC Nepal) has published the unrevised financial statements for the current fiscal year 2083. The first quarter of 84 (July-September). According to the financial statement, the company has earned a profit of Rs 9.69 crore till September of the current financial year. In the previous financial year, 2082. By September 2018, […]<\/p>\n","protected":false},"author":16,"featured_media":232935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45152,45159],"tags":[],"class_list":["post-322682","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\/322682","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=322682"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/322682\/revisions"}],"predecessor-version":[{"id":322683,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/322682\/revisions\/322683"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/232935"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=322682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=322682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=322682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}