The business of life insurance company increased by Rs 1.11 billion in one year, how much of which company?

लगानी न्यूज

१३ भाद्र २०८२, शुक्रबार १६:५४August 29, 2025

Kathmandu. In the first month of the current fiscal year 2082/83 BS, life insurance companies have done business of more than Rs 19.65 billion. The business of life insurance company has increased by Rs 1.11 billion in the current fiscal year as compared to mid-July of the last fiscal year.

TAG_OPEN_div_28 These insurance companies had earned Rs 18.53 billion in insurance premiums till mid-July of the last fiscal year. According to the data released by the Nepal Insurance Authority (NEA) on Friday, the company’s business in 14 life insurance companies has increased by 6.02 percent.

Nepal Life Insurance Company has earned the highest insurance premium in 1 year TAG_OPEN_div_26. Nepal Life insurance has earned a total insurance premium of Rs 6.19 billion till mid-July.

TAG_OPEN_div_24 Similarly, National Life is the second company with the highest insurance premium. In the review period, the company earned Rs 2.41 billion in insurance premiums as compared to Rs 2.26 billion in july last year. Compared to the previous year, the company’s business increased by 6.58 percent in the review period.

Life Insurance Corporation Nepal has earned a total insurance premium of Rs 2.03 billion in the current fiscal year. TAG_OPEN_div_22 In the same period last year, the company had earned a total insurance premium of Rs 2.07 billion. Compared to the previous year, the company’s business declined by 1.84 percent in the review period.

Himalayan Life Insurance has earned Rs 2.02 billion, Suryajyoti Life Insurance Rs 1.24 billion, Asian Life Insurance Rs 948.6 million and Citizen Life Insurance Rs 856.4 million in the current fiscal year. TAG_OPEN_div_20 Compared to the previous year, Himalayan Life increased by 4.88 percent, Suryajyoti Life by 10.26 percent, Asian Life by 2.29 percent and Citizen Life by 12.08 percent.

Sanima Reliance Life insurance has earned Rs 719.5 million, IME Life Insurance Rs 670.5 million, Prabhu Mahalaxmi Life Insurance Rs 616.8 million, Reliable Nepal Life Insurance Rs 581.7 million and Met Life Insurance Rs 539.9 million. TAG_OPEN_div_18 Sanima Reliance Life grew by 6.44 per cent, IME Life by 23.53 per cent, Prabhu Mahalakshmi Life by 5 per cent, Reliable Nepal Life by 16.41 per cent and Met Life by 6.81 per cent in the review period as compared to the same period last year.

National Life Insurance Company has earned TAG_OPEN_div_16 Rs 433.9 million and Sun Nepal Life Insurance Rs 365.2 million in the current fiscal year. In comparison to the previous year, National Life Insurance Company decreased by 7.44 percent and Sun Nepal Life by 18.61 percent in the review period.