Nepal Reinsurance Company earns Rs 96.63 crore profit in the FY 2074/75; Collects Rs 2.87 arba from premium

Nepal Reinsurance Company Limited has reported a total profit of Rs 96.63 crore for the Q4 of FY 2074/75.The profit from Life insurance amounts to Rs 78.66 crore while the net profit from Non Life Insurance amounts to Rs 17.97 crore

The earnings from premium of the company amounted to Rs 2.87 arba in the current quarter which was Rs 2.851 arba in the fourth quarter of the previous fiscal year.

The paid up capital of the company stands at Rs 7.17 arba and its reserve amounts to Rs 2.17 arba.

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