Nepal Life Insurance Rating Upgraded to AA by ICRA Nepal
Summary
Nepal Life Insurance Company Limited has been upgraded from ICRANP-IR AA− to AA by ICRA Nepal after a review of its financial strength, solvency, investment profile and market position. The company says the upgrade reflects its continued institutional improvement and strong nationwide presence.
Key Points
- ICRA Nepal upgraded Nepal Life Insurance Company Limited’s issuer rating from [ICRANP-IR] AA− to [ICRANP-IR] AA.
- The upgrade was based on improved solvency, diversified investments, strong market share, operational capability and managerial strength.
- Nepal Life reported about 27% market share in FY 2025/26, with premiums of around Rs. 54 billion and investments of about Rs. 285 billion.
- CEO Praveen Raman Parajuli said the upgrade reflects the company’s financial discipline, governance and stakeholder trust.
