Life insurance business expands by 16.05 pc, non-life insurers settle for 6.77 pc rise
Summary
Nepal's life insurance business grew by 16.05% to Rs 156.33 billion in FY 2024/25, while non-life insurers saw a 6.77% increase to Rs 43.95 billion. Nepal Life Insurance led the life insurance sector with Rs 48.03 billion in premiums.
Key Points
- Nepal's life insurance companies grew their premium collection by 16.05 percent in FY 2024/25.
- Life insurers collected Rs 156.33 billion in premiums, with Nepal Life Insurance leading at Rs 48.03 billion.
- Non-life insurers saw a modest premium collection increase of 6.77 percent to Rs 43.95 billion.
- Shikhar Insurance led the non-life insurance sector with Rs 5.79 billion in premiums.
