United insurance & Everest insurance has published fourth quarter report of Fiscal year 2074/75.
United insurance company posted net profit fall by 8.35% in fourth quarter of fiscal year 2074/75.
As per the report, insurance company has posted fall in net profit of Rs. 15.85 crore in the Q4 from Rs. 17.30 crore in corresponding quarter of previous fiscal year 2073/74.
Net insurance premium has declined to Rs.28.38 crore from Rs. 36.91 crore in the last corresponding quarter. It has income from reinsurance commission is Rs.3.85 crore. It has income from investment Rs.2.95 crore
The company has made a net payment of Rs.27.49 crore for claims. The company still remains to pay claims of Rs.25.70 crore.
Currently, its paid up capital is 30.24 crore with reserves of 2.97 crore.
It has maintained Rs.29.40 crore in insurance fund & Rs. 69.14 lakh in disaster fund.
Its EPS stands at 52.44 & net worth per share is 209.35. PE ratio stands at 18.21 times.
Everest insurance company posted net profit fall by 20.91% in fourth quarter of fiscal year 2074/75.
As per the report, insurance company has posted fall in net profit of Rs. 3.72 crore in the Q4 from Rs. 4.71 crore in corresponding quarter of previous fiscal year 2073/74.
Net insurance premium has inclined to Rs.10.52 crore from Rs. 4.35 crore in the last corresponding quarter. It has income from reinsurance commission is Rs.11.28 crore. It has income from investment Rs.1.14 crore
The company has made a net payment of Rs.4.67 crore for claims. The company still remains to pay claims of Rs.34.93 crore.
Currently, its paid up capital is 13.65 crore with reserves of 10.84 crore.
It has maintained Rs.19.45 crore in insurance fund.
Its EPS stands at 27.90 & net worth per share is 382.72. PE ratio stands at 88.52 times.
