{"id":322385,"date":"2026-11-05T13:00:49","date_gmt":"2026-11-05T07:15:49","guid":{"rendered":"https:\/\/insurancekhabar.com\/?p=322385"},"modified":"2026-11-05T13:05:05","modified_gmt":"2026-11-05T07:20:05","slug":"life-insurers-new-business-increased-by-33-67-what-is-the-growth-of-whom-with-list-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/life-insurers-new-business-increased-by-33-67-what-is-the-growth-of-whom-with-list-2\/","title":{"rendered":"Life insurers’ new business increased by 33.67%, what is the growth of whom? (With list)"},"content":{"rendered":"

Kathmandu. Life insurance companies have brought in new business worth Rs 13.75 billion in the current fiscal year 2083. As of the first quarter of 2018-84. <\/p>\n

According to the data released by the Insurance Authority of Nepal, the 14 life insurance companies that are currently in operation have collected Rs 12.75 billion in first insurance premiums (new business) till September of the current year. In the previous year, 2082. As of September 1983, the companies had collected Rs 9.54 billion in first insurance premiums. The new business of insurers has increased by 33.67 percent during the review period compared to the previous year. <\/p>\n

During the review period, Nepal Life Insurance was the top importer of new business, while IME Life was ahead in terms of growth rate. The new business of all 13 companies increased while one company decreased. <\/p>\n

Nepal Life has collected Rs 3.15 billion in first insurance premiums till September of the current year. In the same period last year, the company had collected Rs 2.70 billion in first insurance premiums. The company’s new business grew by 16.37 percent during the review period compared to the previous year. <\/p>\n

National Life is in second place. The company has collected Rs 2.11 billion in first insurance premiums till the review period. The company’s new business has increased by 60.46 percent during the review period compared to the same period last year. The company had collected Rs 1.31 billion in first insurance premiums till September of the previous year. <\/p>\n

Surya Jyoti Life is the third company to bring in more new business. The company collected Rs 61.32 crore in its first insurance premium till September last year, up 44.93 per cent from Rs 88.88 crore in the review period. <\/p>\n

Similarly, Life Insurance Corporation (LIC Nepal) has collected Rs 81.39 crore, Citizen Life Rs 77.23 crore, IME Life Rs 73.94 crore, Himalayan Life Rs 69.17 crore and Asian Life Rs 67.33 million. In the review period, LIC Nepal’s new business increased by 19.79 percent, Citizen Life by 29.11 percent, IME Life by 74.10 percent, Himalayan Life by 26.54 percent and Asian Life by 47.05 percent. <\/p>\n

During the review period, Sanima Life Insurance earned Rs 64.22 crore, Reliable Nepal Life Insurance Rs 60.98 crore, Prabhu Mahalaxmi Life Insurance Rs 55.14 crore, MetLife Rs 46.99 crore, Sun Nepal Life Insurance Rs 33.20 crore and Rastriya Life Insurance Rs 30.36 million. In the review period, Sanima Reliance Life Insurance increased by 47.03 percent, Reliable Nepal Life Insurance by 49.22 percent, Prabhu Mahalaxmi Life by 72.02 percent, MetLife by 24.43 percent and Sun Nepal Life Insurance by 68.21 percent. <\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Kathmandu. Life insurance companies have brought in new business worth Rs 13.75 billion in the current fiscal year 2083. As of the first quarter of 2018-84. According to the data released by the Insurance Authority of Nepal, the 14 life insurance companies that are currently in operation have collected Rs 12.75 billion in first insurance […]<\/p>\n","protected":false},"author":16,"featured_media":229156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45152,45159],"tags":[],"class_list":["post-322385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-life-insurance-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/322385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=322385"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/322385\/revisions"}],"predecessor-version":[{"id":322386,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/322385\/revisions\/322386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/229156"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=322385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=322385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=322385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}