Himalayan Reinsurance Records Nominal Growth

Feb 12, 2025 02:16 PM Merolagani



Himalayan ReInsurance (HLI) has published its second quarter report of the current FY. As per the report, it logged pain growth during the period.

During the period, the company earned Rs 616.9 million in net profit. The net profit grew by merely 2.36 percent compared to Rs 602.7 million of the corresponding period of the last FY.

During the period, its net insurance premium increased by 14.90 percent and total income by 23.18 percent. Similarly, it paid total claim of Rs 684 million and total expenses of Rs 2.02 billion.

The company maintained EPS of Rs 11.86 and net worth per share of Rs 161.57.

The company with Rs 10.40 billion in paid-up capital has special reserve fund of Rs 1.52 billion, catastrophic fund of Rs 153.8 million, retained earning of Rs 1.32 million and other equity of Rs 137.4 million.




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