Kathmandu. Oriental Insurance Company has published its unrevised financial statements for the current fiscal year 2083. 84 for the first quarter (July of 2018). <\/p>\n
According to the financial statements, the company had a loss of Rs 32.60 crore till September of the current financial year. In the previous financial year 2082. In the same period of 83 years, the company had incurred a loss of Rs 28.48 crore. <\/p>\n
The company’s share premium stood at Rs 1.88 billion during the review period. The catastrophe fund stood at Rs 29.83 crore and retained earnings were negative at Rs 29.83 crore. Other equities stood at Rs 92.95 crore. The share premium stood at Rs 1.88 billion as of mid-July last year. <\/p>\n
The company had earned a total premium of Rs 52.93 crore in the same period of the current year. The company had earned a total premium of Rs 43.66 crore in the same period of the previous year. The company’s total premium income increased by 21.22 percent in the review year compared to the previous year. <\/p>\n
The company earned a net insurance premium of Rs 31.55 crore during the review period. In the previous year, the company had earned a net insurance premium of Rs 28.08 crore. The company’s net insurance premium increased by 21.34 percent compared to the previous year. <\/p>\n
The company had spent Rs 21.38 crore on reinsurance till September of the current financial year. In the same period of the previous year, the company had spent Rs 15.58 crore on reinsurance. <\/p>\n
The company’s solvency margin ratio stands at 2.73 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Oriental Insurance Company has published its unrevised financial statements for the current fiscal year 2083. 84 for the first quarter (July of 2018). According to the financial statements, the company had a loss of Rs 32.60 crore till September of the current financial year. In the previous financial year 2082. In the same period […]<\/p>\n","protected":false},"author":9,"featured_media":122984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45096],"tags":[],"class_list":["post-323079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-news-en","category-non-lifeinsurance-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/323079","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=323079"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/323079\/revisions"}],"predecessor-version":[{"id":323080,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/323079\/revisions\/323080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/122984"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=323079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=323079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=323079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}