Neco Insurance Co (XNEP:NIL) Other Expense : NPR556 Mil (As of Oct. 2024)

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What is Neco Insurance Co Other Expense?

Neco Insurance Co's Other Expense for the three months ended in Oct. 2024 was NPR171 Mil. Its Other Expense for the trailing twelve months (TTM) ended in Oct. 2024 was NPR556 Mil.

Neco Insurance Co Other Expense Historical Data

The historical data trend for Neco Insurance Co'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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Neco Insurance Co Other Expense Chart

Neco Insurance Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Other Expense

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458.18

249.09

373.24

614.21

797.20

Neco Insurance Co 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															300.91	175.36	181.70	204.12	170.55

Neco Insurance Co 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 NPR556 Mil.

Neco Insurance Co Other Expense Related Terms

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Neco Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Neco Insurance Co Ltd (XNEP:NIL) » Definitions » Other Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

BEEMA BHAWAN, P.O. Box No. 12271, GYANESHWOR, Kathmandu, NPL

Website

https://www.neco.com.np

Neco Insurance Co Ltd is a Non-life insurance company. The firm's business segment comprises Aviation, Engineering, Fire, Marine, Motor, Micro, Cattle and Crop, and Miscellaneous. The company underwrites all types of general insurance risk through different kinds of policies prevailing in the market under seven categories i.e. Property, Motor, Aviation, Marine, Engineering, Agriculture, Miscellaneous.

Neco Insurance Co Headlines

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