Nepal Life Insurance publishes Q1 report with satisfactory growth in major financial indicators amid growing economic slowdown
Fri, Nov 17, 2023 2:02 PM on Latest, Financial Analysis,
Nepal Life Insurance has registered a satisfactory growth in the volume of its business and major financial indicators as shown in its published unaudited financial report for the Q1 of current fiscal year.
The company has increased its net profit by 10.25%, maintained reserve of 79.33 crore, maintained life insurance Fund of Rs 175.21 arba, Rs 1.02 arba in disaster fund, Rs 179.36 arba as investment portfolio, Rs 83.91 crore as unsettled claims, earned insurance premium of Rs 10.93 arba, has Rs 8.20 arba as paid up value, Rs 7.7 as EPS, Rs 124.72 as net worth per share, PE ratio of 83.14 times DURING THE REVIEW PERIOD, as per the media statement.
