Asian Life Insurance Reports 33 Percent Drop In Net Profit [Q4 Report]

August 15, 2022 | Investopaper

Asian Life Insurance (ALICL) has posted a net profit of Rs 16.94 crores in the fiscal year 2078/79. Based on the unaudited fourth quarterly report, this profit is 33 percent lower than the previous year. In the fiscal year 2077/78, the insurance had earned Rs 25.43 crores in net profit.

Note: The net profit doesn’t include the profit after the actuary valuation. The actual profit is likely to differ from that stated in the unaudited report. 

Suggested Reading:

Top 5 Life Insurance In Nepal

Premium Collection Of Life Insurance Companies In Nepal 

The major financial indicators of  Asian Life Insurance (ALICL) include:

Major Financial Indicators Of Asian Life Insurance (ALICL), FY 2078/79

Paid-up Capital: Rs 2.53 Arba

Reserve & Surplus: Rs 0.58 Arba

Life Assurance Fund: Rs 32.09 Arba

Total Premium: Rs 6.96 Arba

Net Premium: Rs 6.8 Arba

Net Claim: Rs 1.46 Arba

Total Investments  & Loans: Rs 34.23 Arba

Income From Investment & Loans: Rs 2.62 Arba

Management Expenses: Rs 0.81 Arba

Net Profit: Rs 16.94 crores

Number Of Policies: 437,042

Earnings Per Share (EPS): Rs 6.67

Networth Per Share: Rs 128.37

You May Also Like:

Dividend History Of Asian Life Insurance Company Limited (ALICL)

Why You Should Invest In The Insurance Stocks?

The fourth-quarterly report of Asian Life Insurance (ALICL) is summarized in the table below:

Asian Life Insurance (ALICL): Report Summary, FY 2078/79

Financial Indicators F.Y. 2078/79 F.Y. 2077/78 Percent Change
Paid-up Capital  (Rs. ‘Arba’) 2.53 2.01 25.87
Reserve & Surplus (Rs. ‘Arba’) 0.58 0.89 -35.10
Life Assurance Fund  (Rs. ‘Arba’) 32.09 26.48 21.19
Total Premium (Rs. ‘Arba’) 6.96 5.91 17.77
Net Premium (Rs. ‘Arba’) 6.8 5.8 17.24
Net Claim (Rs. ‘Arba’) 1.46 0.99 47.47
Total Investments  & Loans (Rs. ‘Arba’) 34.23 27.67 23.71
Income From Investment & Loans  (Rs. Arba’) 2.62 2.53 3.56
Management Expenses  (Rs. ‘Arba’) 0.81 0.82 -1.22
Net Profit  (Rs. ‘crores’) 16.94 25.43 -33.39
Number Of Policies 437,042 325,061 34.45
Earnings Per Share (Rs.) 6.67
Networth Per Share (Rs.) 128.37
Market Price Per Share (Rs.) [Ashad end, 2079 BS] 574
P/E Ratio 86.06

Source: Unaudited Q4 Report, FY 2078/79


The above figures are based on the unaudited quarterly report published by the respective company. Investors are advised to take other things into consideration along with this report while making investment decisions. The numbers may vary after the final audit.

If you want to see the reports of other companies, Click Here.

Read Related Contents:

List of Insurance Companies In Nepal


Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published.

error: Content is protected !!