Nepal Life Reports Strong Revenue Growth, Life Insurance Fund Surpasses Rs 265 Billion
Kathmandu — Nepal Life Insurance reported a net profit of Rs 454.8 million by the end of the third quarter of fiscal year 2025/26 A.D. (2082/83 B.S.), down 27.40% from Rs 626.6 million recorded during the same period last year.
Despite the decline in profit, the company posted strong growth in premium income and continued expansion of its life insurance fund.
According to the company’s financial statement, net earned premium income increased by 12.91% year-on-year to Rs 36.70 billion during the review period, compared to Rs 32.50 billion in the corresponding period of the previous fiscal year.
Nepal Life’s life insurance fund also recorded substantial growth, rising by 17.59% to Rs 265.36 billion. During the same period last year, the fund stood at Rs 225.67 billion.
The company’s total income increased to Rs 52.30 billion during the first nine months of the fiscal year, up from Rs 47.72 billion a year earlier.
Total expenses also rose, reaching Rs 49.20 billion compared to Rs 44.69 billion recorded during the same period last year.
Earnings per share (EPS) declined to Rs 6.40 from Rs 9.24 recorded in the previous fiscal year. Net worth per share stood at Rs 126.33, while the company’s solvency ratio was maintained at 1.54 times.
Nepal Life, which has a paid-up capital of Rs 9.48 billion, has maintained Rs 783.3 million in its reserve fund and Rs 1.54 billion in its catastrophe reserve fund.