Comparative performance: NLG, Siddhartha and Premier Insurance

May 15, 2019 | Investopaper

Three non-life insurance namely NLG, Siddhartha and Premier Insurance have published their third quarterly report for FY 2075/76 on Jestha 1, 2076. Like in the previous year third quarter, Siddhartha and NLG  net profit remain stagnant at 18 crores and 15 crores level respectively while Premier Insurance net profit has risen by 12.58 percent compared to last year corresponding quarter.

Compare the performance of these 3 non-life insurance and decide which is the better of them all. Which insurance would you like to include in your portfolio? Feel free to share your views.

We have summarized the performance based on the third quarter report in the table below.

Headings Siddhartha NLG Premier
Paid up capital (Rs. ‘crores’) 86.59 64.04 58.4
Reserve & Surplus (Rs. ‘crores’) 27.48 19.87 64.2
Insurance Fund (Rs. ‘crores’) 64.8 78.42 47.88
Total Premium (Rs. ‘crores’) 134.34 121.04 121.33
Net Premium (Rs. ‘crores’) 61.96 53.61 60.57
Net Claim(Rs. ‘crores’) 38.53 32.98 34.17
Total Outstanding Claim (Rs. ‘crores’) 60.85 87.97 96.39
Net Profit (Rs. ‘Crores’) 18.1 15.34 15.03
Earnings Per Share (Rs.) 27.87 31.94 34.32




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