Citizen Life Insurance in its second quarter of FY 2075/76 reported net profit of Rs. 7.01 crore; earning from premium stands at Rs. 40.10 crore
Wed, Feb 13, 2019 10:53 AM on Financial Analysis, Latest, Stock Market,
Citizen Life Insurance Company Limited (CLICL) has published its unaudited financial report for the second quarter of the current fiscal year.
The profit has been reported as Rs. 7.01 crore till the second quarter of FY 2075/76 which was Rs. 5.14 crore in the corresponding quarter of FY 2074/75.
The insurance company collected Rs. 40.10 crore as earnings from premium in this quarter.
The paid-up capital of the company is Rs. 1.75 arba with Rs. 16.61 crore in the reserve and surplus. It has Rs. 28.54 crore as life insurance fund of the company. It has issued 33,479 life insurance policies till the month of Poush in the Q2 of FY 2075/76.
