Life Insurance Companies with their paid up capital and reserve (Q4 report)
Fri, Aug 28, 2015 12:00 AM on Others,
ShareSansar August 28:
At present we have 9 Life Insurance Companies in Nepal.
In terms of paid up capital up to 4th quarter fiscal year 2071/72, two life insurance companies have a paid up capital more than 1 arba.
Nepal Life Insurance Company Limited (NLIC) has the highest paid up capital among all nine life insurance companies. Its reserve stands at Rs 20 crore.
Whereas National Life insurance Company Limited (NLICL) stands right after NLIC with a paid up capital of Rs 1.01 arab. It has a reserve of Rs 32. 60 crore.
In terms of reserve Prime Life Insurance Company Limited (PLIC) stands at the top with a reserve of 49.65 crore.
| Life insurance company | Paid up Capital '000 |
Reserve '000 |
| Nepal Life Insurance Company Ltd. | 1,734,000.00 | 200,104.26 |
| Nation Life Insurance Company Ltd. | 1,019,125.90 | 326,085.84 |
| Life Insurance Corporation Nepal Ltd. | 855,562.50 | 160,515.92 |
| Asian Life Insurance Company Ltd. | 671,327.70 | 176,379.10 |
| Gurans Life Insurance Company Ltd. | 500,000.00 | 165,442.22 |
| Surya Life Insurance Company Ltd. | 500,000.00 | 139,848.00 |
| Prime Life Insurance Company Ltd. | 488,160.00 | 496,506.00 |
| Rastriya Beema Sansthan | 9,300.00 | 295,417.46 |
| American Life Insurance Company Ltd. | 538,920.00 |
*American Life Insurance Company Limited is not traded in NEPSE as it has not floated its IPO for the general public.
* Rastriya Beema Sansthan is not traded in NEPSE as it has not floated its IPO for the general public
