Life Insurance Companies Invest Over Rs 757 Billion in FY 2081/82

Kathmandu — Life insurance companies in Nepal invested more than Rs 757.26 billion during the last fiscal year (FY 2081/82), according to financial statements released by the Nepal Insurance Authority. The figure highlights the growing trend of insurers diversifying their portfolios beyond traditional fixed deposits.

The Authority has directed life insurers to broaden their investment horizons through updated guidelines. As per the allocation framework, 30 percent of investments were made in fixed deposits of Class ‘A’ banks, 25 percent in government and Nepal Rastra Bank bonds, 10 percent in Class ‘B’ banks and financial institutions, 5 percent in Class ‘C’ banks, and 10 percent in real estate. Similarly, insurers invested in listed company shares (10%), preference shares and debentures (30%), and Citizens Investment Fund (5%). Some companies have also ventured into alternative sectors offering higher returns.

Among the 14 life insurers, Nepal Life Insurance topped the list with an investment of Rs 192.74 billion, followed by LIC Nepal at Rs 116.85 billion and Himalayan Life Insurance at Rs 79.11 billion. National Life Insurance ranked fourth with Rs 71.48 billion, while the government-owned Rastriya Jeevan Beema Company invested Rs 62.64 billion.

Other major investments included Asian Life Insurance (Rs 46.61 billion), SuryaJyoti Life Insurance (Rs 41.34 billion), MetLife Insurance (Rs 31.52 billion), Citizen Life Insurance (Rs 24.14 billion), and Sanima Reliance Life Insurance (Rs 21.58 billion). Likewise, Reliable Nepal Life Insurance invested Rs 19.88 billion, Prabhu Mahalaxmi Life Insurance Rs 17.85 billion, IME Life Insurance Rs 17.52 billion, and Sun Nepal Life Insurance Rs 15.18 billion.