Life Insurance Companies Invest Over Rs 25 Billion in Stock Market

Kathmandu – Life insurance companies in Nepal have collectively invested a staggering Rs 25.77 billion in the stock market by the second quarter of the current fiscal year. Out of the 14 life insurance companies currently in operation, 13 have contributed Rs 24.86 billion of this investment, showcasing their growing engagement in the capital market.

Leading the pack is Himalayan Life Insurance, which has emerged as the largest investor in the stock market among life insurance companies. In the second quarter, the company had invested a substantial Rs 7.33 billion, reflecting its aggressive approach to leveraging the stock market for portfolio diversification.

Trailing behind Himalayan Life is Nepal Life Insurance, with a total investment of Rs 3.81 billion as of the second quarter. The company, which had invested Rs 3.33 billion in the first quarter, has significantly increased its portfolio within this period, securing its position as the second-largest investor among life insurance companies.

Other notable players include SuryaJyoti Life Insurance, which has invested Rs 2.31 billion, followed by LIC Nepal with Rs 2.25 billion and Rastriya Beema Sansthan with Rs 2.21 billion.

Meanwhile, IME Life Insurance has invested Rs 1.42 billion, Reliance Nepal Life Rs 1.34 billion, Sun Nepal Life Rs 1.8 billion, and Prabhu Mahalaxmi Life Insurance Rs 1.2 billion in second quarter.

Four life insurance companies—Citizen Life, National Life, Asian Life, and Sanima Reliance Life have investments under Rs 1 billion. Among these, Citizen Life Insurance has invested Rs 861.3 million, National Life Insurance Rs 779.2 million, and Asian Life Insurance Rs 692.2 million. At the lower end of the spectrum is Sanima Reliance Life Insurance, with the smallest investment of Rs 672.2 million.