Sanima Insurance Company reports Rs 73.40 lakh net profit; Rs 31.05 lakh collect as insurance premium

Sanima Insurance Company Limited has registered net profit worth Rs 73.40 lakh in the first quarter report.

The non-life insurance company has been able to generate Rs 1.81 crore from the investment loans and other incomes.

The insurance company has a paid-up capital of Rs 70 crore with Rs 1.17 crore in the reserves and Rs 1.52 crore in the Insurance fund.

Within the period of its operation, the non-life insurance company has collected Rs 31.05 lakh as the net insurance premium with Rs 36.91 lakh as the reinsurance commission.

The company has issued 566 insurance policies within the evaluation period.