Similarly, the net profit of the company increased by 8.43 percent to Rs 336.2 million compared to Rs 310.1 million of the review period of the last FY.
The company with Rs 1.05 billion in paid-up capital has insurance fund of Rs 1.01 billion and disaster fund of Rs 52.9 million.
During the period, the company has earned net insurance premium of Rs 1.24 billion compared to Rs 1.22 billion of the corresponding period of the last FY.
The company earned Rs 282.4 million from reinsurance commission and Rs 135.5 million from investment, loan and other income.
The company issued 215,905 insurance policies and has earned Rs 2.50 billion in total insurance premium. The company paid Rs 1.14 billion to 5,647 claims and has outstanding claim payment of Rs 808.2 million to 4,214 claims.
During the period, the company maintained Rs 42.40 in EPS, Rs 240.28 in net worth per share and has P/E ratio of 20.89 times.
