19 Insurance Companies Announce Dividends from FY 2080/81 Profits
Kathmandu – A total of 19 insurance companies listed on the Nepal Stock Exchange (NEPSE) have declared dividends from the profits of the fiscal year 2080/81, signaling stable performance across Nepal’s insurance sector despite mounting capital pressures.
Among them, 10 are life insurance companies and nine are non-life, with the majority opting for cash dividends in line with directives from the Nepal Insurance Authority. Regulators had instructed companies that have met the minimum paid-up capital requirement to prioritize cash returns, while others were allowed to declare bonuses only up to the capital threshold.
Life Insurance Companies
Life insurers stood out with notable payouts ranging from 8 percent to 28.41 percent. Citizen Life Insurance topped the chart, declaring the highest total dividend of 28.4043 percent—comprising 26.9841 percent in bonus shares and 1.4202 percent in cash for tax purposes.
Nepal Life Insurance followed with a 21.05 percent dividend, distributing 10 percent bonus shares and 11.05 percent cash. IME Life Insurance and Suryajyoti Life both opted for full cash dividends of 21.05 percent and 20 percent respectively, signaling robust liquidity.
Sanima Reliance Life declared a total of 9.24 percent, including 1.24 percent bonus shares and 8 percent in cash. Meanwhile, Himalayan Life Insurance announced a straightforward 8 percent cash payout.
LIC Nepal proposed 10 percent bonus shares alongside a modest 0.526 percent cash component, totaling a 10.526 percent dividend. Prabhu Mahalaxmi Life Insurance declared an 8.421 percent cash dividend, while Reliable Nepal Life offered a full 12.6315 percent in cash. National Life Insurance balanced its distribution with a 5 percent bonus and 10 percent cash, totaling 15 percent.
Non-Life Insurance Companies
The non-life segment presented dividends ranging from 2.66 percent to 30 percent. Siddhartha Premier Insurance declared the highest payout among general insurers with a 30 percent cash dividend.
Nepal Insurance and Sagarmatha Lumbini General Insurance followed with 15.79 percent and 15 percent cash dividends respectively. IGI Prudential proposed a 9.7368 percent return, while Shikhar Insurance offered 10.5263 percent. Sanima GIC, Neco Insurance, NLG Insurance, and Himalayan Everest Insurance also declared dividends between 2.63 percent and 8.75 percent.