As per the report, it earned a net profit of Rs 278.2 million in the review period.
Similarly, the company earned Rs 771.7 million in net insurance premiums and Rs 43.7 million from investments, loans and other income.
During the period, the company paid Rs 33.7 million in claims and has spent Rs 161.3 million on reinsurance commission. Similarly, it spent Rs 128.3 million in administrative expenses.
The company with Rs 7 billion in paid-up capital has reserve fund of Rs 125.1 million, insurance fund of Rs 148.1 million and a disaster fund of Rs 14.3 million.
