National Life Reports Rs 120 Million Profit; Life Insurance Fund Enters Rs 100 Billion Club

Kathmandu — National Life Insurance Company earned a net profit of Rs 125.60 million during the first quarter of the current fiscal year 2026/27 (2083/84), covering mid-July to mid-October (Shrawan to Ashoj). The profit declined by 10.79 percent compared with Rs 140.80 million recorded during the same period last fiscal year.

Despite the decline in net profit, the company recorded strong growth in most of its financial indicators. Net premium income, its primary source of revenue, increased by 30.13 percent to Rs 7.20 billion from Rs 5.53 billion in the corresponding period last year.

Similarly, income from investments and loans rose to Rs 1.63 billion from Rs 1.41 billion. The company’s total income increased by 25.89 percent to Rs 9.20 billion, up from Rs 7.31 billion in the previous year.

Alongside income, the company’s expenses also increased significantly. Total expenses rose by 28.09 percent to Rs 8.93 billion from Rs 6.97 billion. Agent commission expenses also increased by 21.21 percent to Rs 578.40 million from Rs 477.10 million.

The company’s paid-up capital remained unchanged at Rs 5.69 billion. Its catastrophe reserve fund increased by 1.70 percent to Rs 758.50 million, while its reserve fund grew by 23.50 percent to Rs 604.90 million.

The company’s earnings per share (EPS) declined to Rs 8.83 from Rs 10.30 in the same period last year. Meanwhile, its life insurance fund crossed the Rs 100 billion mark.