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I regret selling SIL at 850..lol...

I just wanted to buy @ 880 but almost 200 rise ,hope to collect after correction

Great to see GENERAL INSURANCE in demand. I bought them when no body liked them.

Regretting for selling SIL to buy bank, hoping to buy back SIL, but could not.

Great BS report, general insurances.

१७ निर्जीवन बीमा कम्पनीले एक वर्षमा ११ अर्ब प्रिमियम उठाए, कुन कम्पनीको कति संकलन ? - See more at: http://www.bizmandu.com/content/-12627.html#.Vbhbr7Oqqko

more than 20% of good companies. Average -14% growth.
this year, probably more than 50% growth of good companies.

Thirdeye ji.

I read on some online media from CEO interview. But turned out it's just above 1 crore.

There is also another mistake- in some media as well as SEBON's website, it says, claim against NLG is 55 crore and then in some media it's 70+ crore.

BLAME THE MEDIA, i am innocent.

Now, Media is the last source I truest.

EVen with tamakoshi case, I recommended friend that it will distribute shares equally, which i read in some media which coated tamakishi officials, cause of the media, i am the one who looked like a guilty one.

I think they are criminals not honest mistake.

where from came the figure of 5 arab in emergency fund?

my guess is that NLG will go close to bankrupt after paying all claims made due to earthequake damanges. so, i wonder if there was a game yeserday to lead the price of NLG go up sharply.

bonus could be out of question for some time.

I would happy to know correct information.

Let's calculate the cost price of insurance with example: NLG, Capital- 34 crore, EPS- 53, Share price- Rs.548


-Now, Let's say, It has to increase capital to 4 arab in 5 year.

-Then, when capital reach 4 arab, One share will become 11 shares.

-5+5+1=11, Let's assume, Nlg will give 5 bonus shares in 5 year and 5 will be right share.

-So, this means, after 5 year, at present price, if you buy share at today's value, your cost per share will be (500-of right share+548- today's price per share) (500+548=1048, Per share= 1048/11=95.5Rs) Its like less than IPO.

SO SHOULD WE INVESTMENT IN NLG? CALCULATE OTHER GENERAL INSURANCE AS WELL AS LIFE INSURANCE.



Another calculation based on future rate:

-Let's say when capital is increased to 4 arab, EPS will be, let's say 35Rs (even more since after the earthquake and more investment coming, business growth will skyrocket), So how much are we willing to pay, 400Rs/Share.

-Which means, your one share today will be 11 and total worth will be (11*400)=4400Rs.

-So how much should you pay today for one share of NLG?

- Since you will be getting 5 bonus shares, 5 right shares, then price would be (4400-500=3900 for 1 share)

- which means today, then price of NLg today should be around 2000-2500Rs.

जीवन बीमाको पुँजी पाँच अर्ब र निर्जीवनको चार अर्ब पुर्‍याइने, बीमा ऐनको मस्यौदा अन्तिम चरणमा - See more at: http://www.bizmandu.com/content/-12132.html#.VYfCxvmqqko

भूकम्पपछि बिमक र बिमा दाबी बढ्यो
http://nagariknews.com/economy/corporate-banking/story/39214.html

NLG claim 55 crore. http://nagariknews.com/economy/main-story/story/38631.html

Looks like its capital wont be needed. Plus its third quarter income has increased significantly, very very high.

And could increase business in near future plus could get clients of other company.

Looks like going to be no. 1 in near future.

And my investment on general insurance, more than half in NLG and second in Siddhartha. Looks like wont be loosing a lot of money.

Thank God.

IB places moratorium on non-life insurance cash dividend
http://www.sharesansar.com/viewnews.php?id=26784&cat=news


could we see 1 billion capital for life and 2 billion for general insurance.

भुकम्पपछि यसरी पूँजी बढाउने बाध्यतामा पर्नसक्छन् निर्जिवन बिमा कम्पनीहरु
http://www.merolagani.com/NewsDetail.aspx?newsID=13690

In some media, NLG said they have 5 billion in emergency fund, but here they only have 1 crore????

market 2 weeks agadi khole ko bhaya barbad hune. Share ley dubayo ji.

The Rising Sun ji,

ahiley nai tyo baarey ma kura garyo bhane.........share price ma chal-khel garna paieena hola ni.............SHARESANSAR ADMIN ley initiation ley turunta yes baarey ma khoj talash garera satya tathya lyaunu paryo..............ki kaso

Insurers may have to empty reserves, but wont go bust: IB

another hopeful information.

But no media, expert has talked about emergency fund.

Which money will be used first and which at last- capital, reserve, profit and emergency fund.

Insurers may have to empty reserves‚ but won't go bust: IB


Another hopeful info.

But no media, or expert is talking about emergency fund.
which money will be used first and which last- capital, reserve, profit or emergency fund.

something wrong with this site

Hope Dilbert ji and Relate277 ji are right.

And one another think, one of the main reasons good general insurance companies shares were undervalued cause of unseen tragedy like this.

If those general insurance could survive this tragedy and even better if they dont even have to used half their emergency fund then.....

since, this is once in a 80 year tragedy, will the price of those insurance increase, cause in the past, many thought, if something like this happens, general insurance will go bankrupt. If they dont even have to use half of emergency fund then we should assume that those companies are ran properly, and have done good calculation regarding reinsurance.

For this very reason, non life insurance companies maintain contingent fund from the profit they make every year, and the life insurance companies have the life fund. Loss will not be reflected in the yearly profit that they make, rather, it will be reflected to the reserve they have maintained from the yearly profits they have realized. I believe the only effect the insurance companies will have is their contingent reserve will be lessened by some considerable amount. Further, this considerable amount will however, only be the 30% of the total claim, as they already have 70% reinsurance policy with the foreign insurance companies.

There was report on today's papers that the claim is around Rs 5A total and they have re-insured them for as much as 70%. So maybe the effect will not be that bad.

Any body knows, how general insurance co. would calculate their account after insurance claims are paid?

Like, One media said, One insurance could have to pay 1 arab each. and 70/75% are paid by re insurance so remaining 25/30 crore has to be paid by insurance company.

Eg- NLG earns about 20 crore per year, they said, they have 5 arab in emergency fund. So, will NLG pay 25/30 crore from emergency fund and this year's income will be presented as income or they have to deduce 30 crore from their every year's income till 30 crore is settled.

????????????????????????