Nepal Reinsurance Company reports Total profit of Rs 1.17 arba for Q4 of FY 2075/76; Net profit from life and non-life insurance stands at Rs 19.11 crore and Rs 98.68 crore respectively

Nepal Reinsurance Company Limited has reported a total profit of Rs 1.17 arba for the Q4 of FY 2075/76. The profit from Life insurance amounts to Rs 19.11 crore while the net profit from Non-Life Insurance amounts to Rs 98.68 crore.

The earnings from premium of the company amounted to Rs 5.52 arba in the current quarter which was Rs 2.88 arba in the fourth 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 3.49 arba.

The company’s Insurance Fund stands at Rs 1.70 arba.

Fourth Quarter Report