Financial performance till Q3: Gurans, Surya, National and Asian Life Insurance

May 16, 2019 | Investopaper

Gurans Life Insurance, Surya Life, National Life, and Asian Life have published the third quarter report of F.Y. 2075/76. All of them have shown a decent rise in their net profit compared to last year corresponding quarter.

See their comparative performance until the third quarter. Decide which one is the best among them. Feel free to share your views in the comment section.

Headings Gurans Surya National Asian
Paid up capital (Rs. ‘crores’) 64.15 113.19 300.74 125.67
Reserve & Surplus (Rs. ‘crores’) 23.17 45.75 68.76 28.35
Insurance Fund (Rs. ‘crores’) 521.81 464.77 2522.09 1578.97
Total Premium (Rs. ‘crores’) 114.44 154.64 492.13 264.9
Net Premium (Rs. ‘crores’) 112.02 149.71 476.57 265.3
Net Claim(Rs. ‘crores’) 21.66 14.59 170.63 26.79
Total Outstanding Claim (Rs. ‘crores’) 0.57 1.75 25.8 2.05
Net Profit (Rs. ‘Crores’) 5.66 13.71 30.6 5.44
Earnings Per Share (Rs.) 11.76 16.15 13.56 5.77
Net-worth Per Share (Rs.) 141.41 146.34 122.85 122.56
% Increase/Decrease in Net Profit( comparing last year Q3) 41.03 40.29 37.77 63.36

Note: The profit earned from the actuary valuation of insurance fund will change the net profit and net worth of Asian Life as it has not been included in the net profit figure in the balance sheet.

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