National Life Insurance Awarded as ‘Best Managed Life Insurance Company 2025’
Kathmandu — National Life Insurance Company Limited has been awarded the title of ‘Best Managed Life Insurance Company 2025’ at the ninth edition of the NewBiz Conclave and Business Excellence Awards. The prestigious event, organized by New Business Age Limited in Kathmandu, recognized the company’s remarkable leadership, sound financial performance, and inclusive corporate practices.
National Life Insurance, chaired by Prema Rajya Lakshmi Singh, has established itself as a prominent player in Nepal’s life insurance sector. One of the distinguishing features of the company is its strong representation of women in leadership. With three women on its seven-member board of directors, the company boasts 42.46 percent female representation, reflecting a progressive approach to corporate governance.
Chief Executive Officer Suresh Prasad Khatri currently leads the company, which has maintained a healthy financial position. As of the third quarter of the current fiscal year, National Life Insurance has posted a net profit of more than Rs 408.5 million. During the same period, its net insurance premium income exceeded Rs 14.7 billion. The company also holds a share premium of over Rs 27.8 million and a disaster fund amounting to more than Rs 616 million. Its total assets have crossed Rs 98.16 billion, and its net worth per share stands at Rs 136.47.
In its recently concluded general meeting, the company approved a proposal to distribute a 5 percent bonus share and a 10 percent cash dividend to shareholders. Additionally, a separate 0.79 percent cash dividend will be distributed to cover taxes related to the bonus shares. With the issuance of bonus shares, the company’s paid-up capital now stands at Rs 5.47 billion.
National Life Insurance has a consistent track record of rewarding its investors. Historically, it distributed up to 72.50 percent returns, including a notable 55 percent bonus share and 17.50 percent cash dividend from the profits of the fiscal year 069/70. The company has continued this trend of dividend distribution, reinforcing investor confidence and reflecting long-term sustainability in its operations.