Nepal · South Asia · class L

Life insurance companies in Nepal

14 licensed life insurers, 38% of the 37 insurance entities supervised by the Nepal Insurance Authority. Long-term life assurance, annuities, pensions and savings products.

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
Asian LifeLLifeAsianDomestic privateNIAPartial—
Citizen LifeLLifeCitizenDomestic privateNIAPartial—
Himalayan LifeLLifeMergedDomestic privateNIAPartial—
IME LifeLLifeIMEDomestic privateNIAPartial—
Life Insurance Corp NepalLLifeLIC of India JVForeign multinationalNIAPartial—
MetLife NepalNYSE: MET
Registered as Metlife Alico
LLifeMetLifeIAIGForeign multinationalNIAPartial—
National LifeLLifeNationalDomestic privateNIAPartial—
Nepal LifeLLifeNepal LifeDomestic privateNIAPartial—
Prabhu Mahalaxmi Life
Registered as Prabhu Maha Laxmi Life Insurance Company Ltd.
LLifeMergedDomestic privateNIAPartial—
Rastriya Beema Sansthan (life)State-owned
Registered as Rastriya Jeevan Beema Company Ltd.
LLifeGovernment of NepalState-owned / parastatalNIAPartial—
Reliable Nepal LifeLLifeReliableDomestic privateNIAPartial—
Sanima Reliance LifeLLifeMergedDomestic privateNIAPartial—
SUN Nepal LifeLLifeSunDomestic privateNIAPartial—
Surya Jyoti Life
Registered as SuryaJyoti LIfe Insurance Company Limited
LLifeMergedDomestic privateNIAPartial—

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

About life insurers in Nepal

How many life insurers are licensed in Nepal?

14 of the 37 licensed insurance entities this directory lists in Nepal are classified as life (38%). Partially verified against the regulator register.

Who regulates life insurers in Nepal?

Nepal Insurance Authority (NIA). Regime: Insurance Act 2079 (2022), which repealed the 1992 Act and created the Nepal Insurance Authority; post-2023 merger wave. Official website: https://nia.gov.np.

Who owns the life insurers in Nepal?

Of the 14 licensed life insurers in Nepal, 11 are domestic private companies, 2 are subsidiaries of foreign multinational groups (LIC of India JV, MetLife), and 1 is state-owned or parastatal (Government of Nepal), as recorded in the register.

Data: /api/v1/countries/nepal.json (filter by class = "life"). Licence CC BY 4.0, attribute KAFS North America.