LIC Nepal’s Life Insurance Fund Exceeds Rs 151 Billion; Premium Income Grows 9.62%

Kathmandu — Life Insurance Corporation (LIC) Nepal has published its financial results for the first quarter of the current fiscal year 2026/27, reporting growth in premium income and its life insurance fund despite a decline in net profit.

The company earned a net profit of Rs 96.90 million during the review period, down 10.52 percent from Rs 108.30 million in the same period of the previous fiscal year 2025/26.

The decline in profit was also reflected in its earnings per share (EPS), which fell from Rs 7.88 to Rs 7.50.

Premium Income and Life Insurance Fund

Despite the decline in profit, the company recorded growth in its insurance business. By the end of Ashoj (mid-October), LIC Nepal collected total premiums of Rs 5.46 billion, an increase of 9.62 percent compared with the same period last year.

Net premium income also increased by 9.56 percent to Rs 5.44 billion.

The company’s life insurance fund grew by 10.31 percent to Rs 151.08 billion, up from Rs 136.96 billion in the corresponding period last year.

Paid-Up Capital and Reserves

LIC Nepal has a paid-up capital of Rs 5.50 billion. Its reserves and funds also increased compared with the end of the previous fiscal year.

Retained earnings rose from Rs 2.66 billion to Rs 2.74 billion, while the catastrophe reserve increased from Rs 773.50 million to Rs 783.20 million. Other equity grew from Rs 355.00 million to Rs 383.00 million. The company also reported a share premium of Rs 498.00 million.

Other Market Indicators

The company’s net worth per share stood at Rs 180.12. Its price-to-earnings (P/E) ratio was 114.13 times at the time the financial statements were published.