General Insurance Company Nepal has earned net profit of Rs.2.09 crore in 2 month of operation.
As per the report published, it has earned net insurance premium of Rs.11.71 lakh in Q4 of FYT 2074/75. It has income from investment Rs.2.75 crore. Commission from reinsurance is Rs.4.47 lakh.
It is able to sell 193 polices in operation of 2 months.
Currently, its paid up capital is 70 crore with reserves of Rs.94.45 lakh. It will float IPO worth Rs.30 crore in near future.
It has maintained Rs.1.04 crore in insurance fund & 10.49 Lakh
Its Annualized earning per share (EPS) stands at Rs. 3 & net worth per share is Rs.102.85
