Asian Life Insurance has posted impressive financial results for the fourth quarter of the fiscal year 2081/82 BS, with a 24.57% increase in profits. The company earned Rs 409.3 million in profit for the quarter, up from Rs 328.5 million during the same period last year.
As of mid-June of the fiscal year 2080/81 BS, the company’s life insurance fund reached Rs 42.58 billion.
This figure has grown by 10.52% to Rs 47.07 billion in the current year, demonstrating the company’s strong growth trajectory. Additionally, the disaster fund stood at Rs 279.6 million, while retained earnings amounted to Rs 805.6 million.
With a share capital of Rs 3.39 billion, Asian Life continues to show strong financial health and an increasing share in Nepal’s competitive life insurance market.
The company’s robust performance in both profits and life insurance funds signals positive prospects for its future growth.
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