In the review period, the company earned net insurance premium of Rs 575.8 million and has paid Rs 149.9 million in net compensation. During the period, the company paid Rs 112.7 million in commission to agents.
The company that is yet to issue initial public offering has paid-up capital of Rs 1.450 billion and reserve fund of Rs 118.7 million, life insurance fund of Rs 772.3 million and disaster fund of Rs 13.1 million.
By the period, the company extended Rs 21 million in loan against insurance policies. It paid Rs 9.2 million to 20 claims. The company has earned total insurance premium of Rs 1.10 billion till date.