Life Insurance Premiums Rise 15.01% to NPR 40.54 Billion in Two Months; IME Life Posts Fastest Growth

Kathmandu — Nepal’s life insurance companies collected more than NPR 40.54 billion in premiums during the first two months of fiscal year 2026/27 (2083/84 BS), according to data from the Nepal Insurance Authority.

The country’s 14 life insurers together collected NPR 40.54 billion between mid-July and mid-September 2026 (Bhadra 2083), a 15.01% increase from NPR 35.25 billion in the same period of 2025/26 (2082/83 BS).

Nepal Life Insurance remained the largest insurer, collecting NPR 10.58 billion, up 9.27% from NPR 9.68 billion a year earlier. National Life Insurance ranked second with NPR 4.86 billion, a 21.99% rise from NPR 3.98 billion. Rastriya Jeevan Beema Company came third with NPR 4.41 billion, up 8.19% from NPR 4.08 billion.

Life Insurance Corporation Nepal collected NPR 3.68 billion, followed by Himalayan Life Insurance with NPR 3.59 billion, SuryaJyoti Life Insurance with NPR 2.47 billion, and Asian Life Insurance with NPR 1.82 billion.

Among companies with comparative figures available, IME Life Insurance recorded the highest growth. Its premium collection jumped 37.09% to NPR 1.49 billion from NPR 1.09 billion a year earlier. Sun Nepal Life Insurance followed with 28.12% growth, rising to NPR 777.2 million from NPR 606.6 million.

Citizen Life Insurance grew 13.21%, collecting NPR 1.70 billion compared with NPR 1.50 billion last year. Prabhu Mahalaxmi Life Insurance collected NPR 1.28 billion, and Reliable Nepal Life Insurance collected NPR 1.27 billion during the period.