See the third quarter reports of four Life Insurance companies namely, IME Life Insurance Company, Sanima Life Insurance Company, Reliable Nepal Life Insurance and Mahalaxmi Life Insurance

IME Life Insurance Company Limited posted quarterly report for the third quarter of the year 75/76. The paid up capital stands at Rs.1.40 Arba. The reserves of the company went up from Rs.10.82 Crore to Rs.17.44 Crore, by the end of the third quarter. The company created life insurance fund worth Rs.45.07 Crore.

The net profits of the company stands at Rs.9.60 Crore by the end of the third quarter. Earnings from premium grew from Rs.25.59 Crore to Rs.48.41 Crore. Number of insurance policies stands at 23,169 policies. The company posted annualized EPS of Rs.9.15 and net worth per share of Rs.113.84.

Similarly, Sanima Life Insurance Company Limited published the following results for the third quarter of fiscal year 75/76. The paid up capital of the company stands at Rs.1.40 Arba. The company has Rs.13.20 Crore in its reserves and life insurance fund stands at Rs.15.93 Crore.

The company posted earnings of Rs.24.95 Crore through means of premium. Net profit by the end of the third quarter stands at Rs.7.68 Crore. The company currently has 14,172 inforce policies.

Also, Reliable Nepal Life Insurance Limited has published its third-quarter report for the fiscal year 2075/76.

According to the unaudited data published today, the net profit of the company stands at Rs 15.42 crore in the Q3 of the FY 2075/76 which was Rs 5.92 crore in the corresponding quarter of the FY 2074/75.

The company’s earnings from net premium is reported as Rs 88.57 crore in current FY which has increased from the previous year’s quarter of  Rs. 15.20 crores. Similarly, the number of insurance schemes has increased to 4.41 lakh, which was 59.35 thousand in the previous year’s third quarter.

The paid-up capital stands at Rs 1.40 arba with Rs 38.97 crore in the reserves and surplus and Rs 41.31 crore in life insurance fund.

It's annualized EPS stands at Rs 14.69 per share and net worth per share stands at Rs 127.84.

In its short period of operation, Mahalaxmi Life Insurance Company published the following results for the third quarter of FY 75/76. The paid up capital of the company stands at Rs.1.40 Arba. The company has Rs.6.97 Crore in its reserves and life insurance fund stands at Rs.1.69 Crore.

The company posted earnings of Rs.3.37 Crore through means of premium. Net profit by the end of the third quarter stands at Rs.6.22 Crore. The company currently has 464 inforce policies.