The income increased by 2.78 percent compared to the corresponding period of the previous FY. Similarly, the company earned net insurance premium of Rs 4.94 billion including non-life insurance of Rs 4.62 and life insurance premium of Rs 312.2 million.
Likewise, the company earned Rs 57.9 million from reinsurance commission fees and has paid Rs 1.47 billion in reinsurance commission to foreign companies.
The company paid Rs 1.74 billion claims to non-life insurance and Rs 102.8 million to life insurance.
During the period, the company has paid-up capital of Rs 8.40 billion which has increased to Rs 1.60 billion after IPO issuance. The company maintained Rs 3.31 billion in reserve fund and Rs 1.47 billion in insurance fund.
