The company has logged Rs 107.6 billion in life insurance premium in the review period. Apart from the life insurance fund, it has Rs 1.12 billion in the reserve fund, catastrophe fund of Rs 598.9 million during the period. The company has paid up capital.
Moreover, it earned Rs 24.95 billion in net insurance premium. The net insurance premium increased by 35.49 percent compared to Rs 18.41 billion of the corresponding period of the last FY.
In the review period, the company earned Rs 28.7 million from the reinsurance commission, Rs 5.48 billion from investment, loan and others and Rs 1.47 billion in interest from loan against insurance policies.
During the period, the company increased its net profit by 8.36 percent to Rs 506.6 million compared to Rs 467.5 million of the last FY.
The company has EPS of Rs 9.38, net worth of Rs 123.92 and P/E ratio of 225.09 times.
By the review period, it issued 1,370,136 policies and has earned Rs 25.37 billion in total insurance premium. Moreover, it paid Rs 7.14 billion to 39,113 claims and has an outstanding payment of Rs 1.46 million.
