Similarly, the company has strengthened its reserve fund at Rs 487 million. In the review period of the previous FY, the company had reserve fund of Rs 212.5 million.
The company with Rs 1.05 billion in paid-up capital has equivalent insurance fund and Rs 73.3 million in disaster fund.
In the review period, the company earned Rs 1.56 billion in net insurance premium that was Rs 1.59 billion in the previous FY. The company earned Rs 496.6 million in reinsurance commission and Rs 154.7 million in investment, loan and other income.
The company maintained EPS of Rs 44.43, net worth per share of Rs 250.17 and P/E ratio of 17.24 times. Till date, the company issued 303,591 insurance policies and has earned Rs 3.51 billion in total insurance premium.
Simillary, the company paid Rs 1.85 billion to 16,635 claims and has outstanding claim payment of Rs 811.6 million.
