Sun Nepal Life Insurance earns a net profit of Rs 24.5 crore.

लगानी न्यूज

२३ कार्तिक २०८३, सोमबार १२:२३November 9, 2026

Kathmandu. Sun Nepal Life Insurance Company has released its financial statements for the first quarter of the current fiscal year. According to the financial statements released by the company, the profit has increased.

According to the company’s financial report, the company has earned a net profit of Rs 24.49 crore in the first quarter of the current FY.TAG_OPEN_div_24

The company’TAG_OPEN_div_22 s net profit increased by 2.36 percent compared to the same period of the previous financial year 2082-83. The company had posted a net profit of Rs 23.92 crore in the last financial year. The company, which currently has a paid-up capital of Rs 5.28 billion, has a strong reserve fund and other financial indicators.

During the review period, the company had a share premium of Rs 1.30 billion, a catastrophe fund of Rs 28.72 crore and a retained earnings of Rs 77.71 crore.TAG_OPEN_div_20

The size of the company’s life insurance fund increased by 3.21 percent to Rs 13.31 billion in the first quarter of the current financial year. The life insurance fund of the company was Rs 12.90 billion in the same period of the previous year.

The company has earned a total premium of Rs 1.29 billion as of mid-September of the current year. This is an increase of 20 percent compared to Rs 1.08 billion in the same period of the previous year.TAG_OPEN_div_16

Similarly, the company’s net insurance premium has also increased by 19.67 percent to Rs 1.2 TAG_OPEN_div_14 4 billion. In the review period of the previous year, the company had earned a net premium of Rs 1.04 billion.