Nepal Reinsurance Company earns Rs 54.36 crore profit; Earnings from premium shrink to Rs 1 arba in the third quarter

Thu, May 10, 2018 5:48 AM on Financial Analysis, Latest,

Nepal Reinsurance Company Limited has reported a total profit of Rs 54.36 crore for the Q3 of FY 2074/75.

The earnings from premium of the company amounted to Rs 1 arba in the current quarter which was Rs 1.21 arba in the third quarter of the previous fiscal year.

The paid up capital of the company stands at Rs 5 arba and its reserve amounts to Rs 1.56 arba.

The company’s Insurance Fund stands at Rs 68.38 crore.