Rajesh Sharma
Would be better if you have reported that it's actuarial valuation is not completed. When that is done, the profit will be so different, you might have difficulties to control your heart bit. We expect from you real info and complete info not half cooked meal that may invite diarrhea.
My comment on Arthiknews.com about LICN profit
P.S. Many investors, traders, journalists and commentators may not read insurance companies balance sheet properly. Neither they differentiate between the investment income and premium income of a life insurance company. Moreover, in this strange world of casualness, trying to clarify the issue also becomes an unnecessary burden.
Hi Rajesh Ji,
ReplyDeletethanks for your wonderful blog. I cannot understand why or how the life insurance companies are so overvalued in Nepse. You said about actuarial valuation. Could you please give more information how that changes the picture of life insurance companies. Yes many Life Ins. have huge premium income but it is still not their income and there might be losses in future which insurance companies have to be prepared for. Surely life insurance has more predictable events than non-life but still does this actuarial valuation changes so much. Any guide about this actuarial valuation would be very valuable.
Thanks again for your input.
Please read about actuarial valuation in my another blog www.sharenepalcomments.wordpress.com
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