The company with Rs 5.49 billion the highest paid-up capital among life insurance companies increased its net profit by 12 percent during the period. During the period, the company earned Rs 523.2 million in net profit compared to Rs 467.2 million of the previous FY.
In the review period, the company earned Rs 23.4 million in reinsurance commission and Rs 4.48 billion in investment, loan and other income. Similarly, it earned Rs 1.08 billion revenue from loan against insurance policies of Rs 11.88 billion.
The company has maintained Rs 65.36 billion in life insurance fund, Rs 2.43 billion in reserve fund and Rs 436.7 million in disaster fund.
The company has issued 1,280,636 insurance policies and earned Rs 91.67 billion in total insurance premium. In the last FY, the company made payment of Rs 7.51 billion on 49,697 claims.
The company has EPS of Rs 9.52, net worth per share of Rs 152.28 and P/E ratio of 94.64 times.
