Toll free:
OFFICE HOURS
Sunday - Thursday : 10 : 00 AM - 5 : 00 PM
Friday : 10 : 00 AM - 3 : 00 PM

Financial Report

Nepal Insurance | Gross Premium (In Lakhs)
Types of Insurance 2074/75 2075/76 2076/77 2077/78 2078/79
Fire 3103.28 3329.18         3,166.84       3,691.76      4,267.42
Marine 725.49 777.83             500.61          601.27          575.26
Motor 3367.77 5106.7         5,136.34       5,994.56      5,761.46
Engineering 589.74 1286         1,183.72       1,501.53      1,841.95
Aviation 0 0                  0.67               2.37            32.42
Miscellaneous 794.29 883.15         1,190.27       1,243.73      2,419.22
Micro 206.7 402.52             472.86          766.06          901.97
Laghu 0 4.53             154.80          407.15              0.04
Total 8787.27 11789.91       11,806.12    14,208.43    15,799.74

 

Nepal Insurance | Revenue (In lakhs)
Particulars 2074/75 2075/76 2076/77 2077/78 2078/79
Gross Premium       8,787.28    11,789.92    11,806.12    14,208.43    15,799.74
Reinsurance, Pool & Profit Commission       1,128.56       1,802.22       1,640.02       1,843.22      2,600.85
Unexpired Risk Reserve previous Year       1,503.75       2,198.39       2,627.56       3,339.87      3,478.12
Intimated Claims Provision Previous Year       3,249.02       3,098.15       3,223.28       3,447.07      3,978.89
Other Income       1,012.88       1,615.02       1,841.25       3,090.62      2,286.31
Total Revenue    15,681.48    20,503.71    21,138.23    25,929.22    28,143.90

 

Nepal Insurance | Expenditure (In Lakhs)
Particulars 2074/75 2075/76 2076/77 2077/78 2078/79
Reinsurance Premium       4,890.75       7,195.68       5,112.33       7,324.79      9,110.31
Reinsurance Commission Expenses             13.73             17.34             70.05             48.50            93.92
Net Claim       1,917.28       2,288.70       1,718.12       2,799.65      2,815.30
Agency Commission          192.07          277.58          224.67          238.28          213.19
Insurance Levy             44.79             54.13             66.94             70.04            66.89
Other Direct Expenses                    -                      -               44.72          131.90            30.97
Management Expenses       1,621.43       2,511.77       2,471.84       2,401.84      3,356.75
Unexpired Risk Reserve this Year       2,239.49       2,706.40       3,346.90       3,441.82      3,344.71
Intimated Claims Provision this Year       3,249.02       3,223.28       3,447.07       3,978.89      3,150.70
Total Expenditure    14,168.55    18,274.88    16,502.63    20,435.71    22,182.74

 

Nepal Insurance | Operating Costs (In Lakhs)
Particulars 2074/75 2075/76 2076/77 2077/78 2078/79
Staff Bonus       133.67       324.98       422.43       490.61       566.46
Income Tax       453.99       875.63   1,314.21   1,502.84    1,681.87
Deferred Tax       (65.17)         55.66       133.90         81.55       (76.87)

 

Nepal Insurance | Cost Transfer to BS (In Lakhs)
Particulars 2074/75 2075/76 2076/77 2077/78 2078/79
Insurance Fund   1,952.10   2,976.68   4,220.98   5,712.14      7,532.47
General Reserve   2,305.72   3,329.54   3,600.51   3,654.74      3,576.58
Previous Year Expenses                -           17.83       (27.75)         48.97          324.25
Other Reserve                -                  -                  -                  -                     -  
Net Profit/Loss b/d                -         593.28       760.76       741.90          816.03
Net Profit/Loss   1,188.06   2,104.81   2,622.51   3,063.86      3,640.66
Bonus Share       764.33       547.77       920.25   1,366.57      1,103.20
Dividend                -         317.13       230.06         71.92            58.06
Profit/Loss Transfer to BS       593.28       760.76       741.90       816.03      1,041.71

 

 

Nepal Insurance | Fund (In Lakhs)
Particulars 2074/75 2075/76 2076/77 2077/78 2078/79
Shareholder Fund    10,550.78    16,720.08    19,140.27    22,083.24    25,341.59
Paid Up Capital      6,176.39    10,191.04    10,955.37    12,423.39    13,789.96
General Reserve          909.85          909.85          909.85          909.85          909.85
Capital Reserve              1.44              1.44              1.44              1.44              1.44
Insurance Fund      1,952.10      2,976.68      4,220.98      5,712.14      7,532.47
Catastrophe Reserve          116.58          222.82          363.41          292.97          442.58
Deferred Tax Reserve          289.74          345.39          479.30          560.84          483.97
Proposed Bonus Share          764.33          547.77          920.25      1,366.57      1,103.20
Capitalized Left Bonus Share                   -            764.33                   -                     -                     -  
Share Premium                   -                     -                     -                     -                     -  
Net Profit(Loss)      1,188.06      2,104.81      2,622.51      3,063.86      3,640.66