Nepal Reinsurance Company publishes highlights for the second quarter of current fiscal year; total net profit stands at Rs.55.79 Crore

Nepal Reinsurance Company Limited has reported a total profit of Rs 55.79 crore for the Q2 of FY 2075/76.The profit from Life insurance amounts to Rs 5.67 crore while the net profit from Non-Life Insurance amounts to Rs 50.12 crore

The earnings from premium of the company amounted to Rs 2.99 arba in the current quarter which was Rs 1 arba in the second quarter of the previous fiscal year.

The paid up capital of the company stands at Rs 8.40 arba and its reserve amounts to Rs 2.17 arba.

The company’s Insurance Fund stands at Rs 1.11 arba.