The net insurance premium income from IME Life increased by 15 percent, what are the other indicators? – Insurance Khabar

Kathmandu. The IME Life Insurance Company has published the revised annual financial statements for the third quarter of the 2081/82 BS financial year. According to the financial report, most of the company has increased.

At the end of the review period, the company's share capital was 5 billion rupees. The company has a profit of 425.6 million rupees. The disaster fund has 229.8 million RS. The other equity has 454.2 million rupees. The size of the company's life insurance fund is 11.84 billion RS.

The company had achieved a net profit of 366.3 million rupees in the third quarter. In the same period of the previous financial year, the company had made a profit of 331.5 million rupees. Compared to the previous financial year, the company's profit increased by 10.49 percent during the review period.

During the review period, the company received an overall insurance premium of 3.73 billion rupees. In the same period of the previous year, the company earned a total insurance premium of 3.29 billion rupees. The company's total turnover rose by 13 percent in the review period compared to the previous year.

During the review of the review, the company earned a net insurance premium of 3.60 billion rupees. The net insurance premium rose by 15 percent compared to the previous financial year. In the same period of the previous year, the company earned a net insurance premium of 3.11 billion rupees.

During the review period, the company spent 127.6 million rupees through reinsurance. In the same period of the last financial year, the company issued 175.8 million rupees through reinsurance.

During the review period, the company spent RS 335.9 million RS for the Agent Commission. In the same period of the previous year, the company issued 311.7 million rupees for the agent commission. Compared to the previous year, the company spent more money on the agent commission during the review period.

The company's annual profit per share of the company is 9.77 RS. The company's net assets are 132.67 per share. The PE ratio is 47.33 times.