Reliable Nepal Life Insurance Enters Its Ninth Year Today
Kathmandu – Reliable Nepal Life Insurance Company Limited has entered its ninth year of operations today, celebrating seven years of successful service in Nepal’s life insurance sector. Since its inception on Bhadra 15, 2074 BS (August 31, 2017 AD), the company has steadily expanded its reach and services, emerging as a trusted provider of life insurance solutions across the country.
On the occasion of its anniversary, Reliable Nepal Life reaffirmed its commitment to delivering greater benefits to policyholders and higher returns to its investors. The company highlighted its mission to continue providing simple, accessible, and reliable life insurance services nationwide.
Expressing gratitude, the company acknowledged that its success over the past seven years has been made possible through the trust and support of customers, investors, regulatory bodies, employees, and insurance agents. “We owe our growth and achievements to the confidence placed in us by the general public and our stakeholders,” the company stated in a congratulatory message.
Under the leadership of CEO Narayan Babu Lohani, Reliable Nepal Life has strengthened its financial position while expanding its services across all seven provinces through a network of branches and thousands of active agents. The company has also achieved notable financial milestones, including a 47.25 percent increase in net profit in the previous fiscal year and the establishment of a life insurance fund totaling Rs 13.57 billion.
CEO Lohani thanked the Insurance Authority, company directors, shareholders, employees, and clients for their continued support.
The company’s leadership team includes Deputy CEO Dipesh Babu Tiwari, Assistant General Manager Shailendra Shrestha, Training, Research and Development Head Yuvraj Sharma, Chief Marketing-Underwriting Kalyan Raj Halwai, and Chief Manager Sales Prakash Kumar Dhital. Directors of the company include Anju Pandey Pant, Indra Prasad Sharma, Sharad Chandra Poudel, Prakash Bhattarai, Dr. Bhishma Karki, and Divesh Lohani, with Uday Nepali Shrestha serving as the Chairman.
With thousands of insurance agents and extensive branch coverage, Reliable Nepal Life continues to provide life and micro-life insurance services to remote and urban areas alike, reinforcing its position as a leading life insurance provider in Nepal.