National Life Insurance Approves Financial Results and Strategic Investments at 38th AGM

National Life Insurance Company successfully held its 38th Annual General Meeting under the chairmanship of Mrs. Prema Singh. The company reported a total premium growth of 10.26% to Rs. 22.59 billion for FY 2081/82, with net claims payments of Rs. 9.49 billion and total insurance liabilities reaching Rs. 94.58 billion. Investments increased by 11.04% to Rs. 77.90 billion, generating an annual average return of 8.76%. The company expanded its stake in Himalayan Bank Limited to 13.61% and its subsidiary National Capital Ltd. distributed its first 7% cash dividend.

For FY 2081/82, shareholders approved an 8.5% cash dividend and 4% bonus shares, increasing total paid-up capital to Rs. 5.69 billion. The company also invested in modern infrastructure, technology, employee training, and social responsibility projects, contributing over Rs. 70.25 million to disaster relief, child health, and education. The AGM reaffirmed the company’s commitment to being a leading provider of life insurance in Nepal while balancing growth and societal contributions.