Nepal Reinsurance Company publishes third quarter highlights for FY 75/76; net profit stands at Rs.89.13 Crore

Mon, Jun 24, 2019 1:10 PM on Financial Analysis, Latest,
Nepal Rein...

Nepal Reinsurance Company Limited has reported a total profit of Rs 89.13 crore for the Q3 of FY 2075/76. The profit from Life insurance amounts to Rs 9.09 crore while the net profit from Non-Life Insurance amounts to Rs 80.04 crore

The earnings from premium of the company amounted to Rs 3.54 arba in the current quarter which was Rs 1.74 arba in the third 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 2.48 arba.

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