Insurers.global

Nepal · South Asia · class L

Life insurance companies in Nepal

14 licensed life insurers, 47% of the 30 insurance entities supervised by the Nepal Insurance Authority. Long-term life assurance, annuities, pensions and savings products.

All insurers in NepalLife in every marketGeneral (Non-life)14Reinsurer2
CompanyClassParent / groupOwnershipRegulatorVerification
Asian LifeLLifeAsianDomestic privateNIAUnverified
Citizen LifeLLifeCitizenDomestic privateNIAUnverified
Himalayan LifeLLifeMergedDomestic privateNIAUnverified
IME LifeLLifeIMEDomestic privateNIAUnverified
Life Insurance Corp NepalLLifeLIC of India JVForeign multinationalNIAUnverified
MetLife NepalLLifeMetLifeForeign multinationalNIAUnverified
National LifeLLifeNationalDomestic privateNIAUnverified
Nepal LifeLLifeNepal LifeDomestic privateNIAUnverified
Prabhu Mahalaxmi LifeLLifeMergedDomestic privateNIAUnverified
Rastriya Beema Sansthan (life)LLifeGovernment of NepalState-owned / parastatalNIAUnverified
Reliable Nepal LifeLLifeReliableDomestic privateNIAUnverified
Sanima Reliance LifeLLifeMergedDomestic privateNIAUnverified
SUN Nepal LifeLLifeSunDomestic privateNIAUnverified
Surya Jyoti LifeLLifeMergedDomestic privateNIAUnverified

About life insurers in Nepal

How many life insurers are licensed in Nepal?

14 of the 30 licensed insurance entities in Nepal are classified as life (47%), according to the NIA register as reflected in this directory (not verified).

Who regulates life insurers in Nepal?

Nepal Insurance Authority (NIA), under Post-2023 merger wave. Official website: https://nia.gov.np.

Are the life insurers in Nepal locally or foreign owned?

2 of 14 belong to regional or foreign multinational groups (including MetLife), 1 are state-owned, and the rest are domestic private companies.

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