Prabhu Life's premiums is Rs 1 billion, net profit increased by 148 percent

May Wed 2021 07:39:41

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Prabhu Life's premiums is Rs 1 billion, net profit increased by 148 percent

Kathmandu. Prabhu Life Insurance has paid Rs. 1 billion 139 million 94 thousand total insurance premiums have been earned. The company has earned 117 percent more premiums this year than last year.

Till this period last year, the company had earned Rs. Only 521 million 95 thousand had earned this fee. This year, the company has paid 12 times the total claims. Last year, 68 people were given Rs. The company, which has paid 42.23 million claims, has paid Rs. 53.4 million 19 thousand claims have been paid.

This year, the company has increased by 148 percent to Rs. It has made a net profit of Rs. 137.838 million. The company had posted a net profit of Rs. It was 55.54 million. 106 percent more than Rs. The company earned Rs. 182.06 million this year, an increase of 35 percent to Rs. Only 44.168 million has been spent. The company's profit has increased due to higher income than expenses.

Life insurance fund amount also increased by 182 percent to Rs. 1.76 billion 58.2 million has been reached. By the third quarter, the company's earnings per share stood at Rs. 9.19 and a net worth of Rs. 118.30.