Life Insurance Nepal (XNEP:LICN) Other Expense : NPR11,076 Mil (As of Oct. 2024)

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What is Life Insurance Nepal Other Expense?

Life Insurance Nepal's Other Expense for the three months ended in Oct. 2024 was NPR4,338 Mil. Its Other Expense for the trailing twelve months (TTM) ended in Oct. 2024 was NPR11,076 Mil.

Life Insurance Nepal Other Expense Historical Data

The historical data trend for Life Insurance Nepal's Other Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Life Insurance Nepal Other Expense Chart

Life Insurance Nepal Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Other Expense

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-1,254.32

-1,905.53

-2,762.01

7,066.08

16,545.35

Life Insurance Nepal Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24
Other Expense	Get a 7-Day Free Trial															12,822.02	3,481.14	3,248.61	3,489.75	4,337.84

Life Insurance Nepal Other Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For insurance companies, GuruFocus lists Selling, General, & Admin. Expense, Net Policyholder Benefits/Claims, Policy Acquisition Expense, Interest Expense (Positive) and Other Expense under the "Total Expenses" sections.

Other Expense incurred by insurance companies sometimes includes:
Underwriting Expenses
Fees and Commission Expense
Impairment Of Capital Assets
WriteOff
Other (too numerous to list)
Some insurance companies can do choose to report each of these items separately. Yet, there are a variety of other expense which are simply too numerous to list.

Other Expense for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR11,076 Mil.

Life Insurance Nepal Other Expense Related Terms

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Life Insurance Nepal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Life Insurance Corp Nepal Ltd (XNEP:LICN) » Definitions » Other Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Star Mall, PO Box No 21905, 4th Floor, Putalisadak, Kathmandu, NPL

Website

https://www.licnepal.com.np

Life Insurance Corp Nepal Ltd is operative in the field of financial services. A joint venture between Life Insurance Corporation of India and Vishal Group of Nepal, it is one of Nepal's most capitalized insurance companies. It offers a range of life insurance products such as endowment plans, child plans, money-back plans, and services like reviving a lapsed policy, policy loans, nominations, and bonuses to policyholders. The company's majority source of revenue is through insurance premiums, which are received either by direct remittance of cheques or bank drafts.