Sun Nepal Q2 Performance 2082/83 and Financial Results
4th February 2026, Kathmandu
Sun Nepal Life Insurance Company Limited has released its unaudited quarterly financial results for the second quarter of the fiscal year 2082/83. The report highlights the company’s financial standing and operational performance up to the end of Poush 2082.
Sun Nepal Q2 Performance
The consolidated statement of financial position and profit or loss statement indicate a period of growth in premium collection and asset management, despite the complexities of the current insurance market in Nepal.
Overall Profitability and Earnings
During the second quarter of the fiscal year 2082 2083, Sun Nepal Life Insurance reported a consolidated net profit of 90.96 million rupees. When looking at the year to date performance up to the end of this quarter, the net profit reached 249.93 million rupees. This represents a steady stream of earnings derived from insurance operations and investment income.
The earnings per share (EPS) for the period, calculated on an annualized basis, stands at 9.61 rupees. This indicator is essential for shareholders to gauge the profitability of the company relative to the number of outstanding shares.
Key Revenue Drivers and Income
The primary source of income for the company remains its insurance premiums. The condensed consolidated statement of profit or loss reveals the following for the year to date (Upto this Quarter YTD):
Gross Earned Premiums: 2.35 billion rupees.
Net Earned Premiums: 2.25 billion rupees after accounting for premiums ceded to reinsurers.
Investment Income: The company earned 545.03 million rupees from investments and loans.
Total Income: The cumulative total income for the group reached 2.85 billion rupees for the first half of the fiscal year.
These figures suggest that the company has maintained a strong momentum in policy sales and renewals, supported by a diversified investment portfolio.
Consolidated Statement of Financial Position
The company’s balance sheet reflects a significant asset base, primarily driven by investments and insurance related assets. As of the end of the second quarter, the total assets of the group reached 18.87 billion rupees.
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A breakdown of the group’s financial position shows:
Total Investments: 15.19 billion rupees, forming the core of the company’s long term asset strategy.
Cash and Cash Equivalents: 757.50 million rupees, ensuring adequate liquidity for claim settlements and operational needs.
Share Capital: The paid up capital of the company stands at 3.92 billion rupees.
Retained Earnings: 585.83 million rupees.
Total Equity: The total equity attributable to shareholders is 7.49 billion rupees.
Insurance Expenses and Claims
To maintain its commitments to policyholders, the company managed significant expenses related to benefits and claims. For the year to date period, net benefits and claims paid amounted to 1.76 billion rupees. Additionally, the company allocated 207.01 million rupees toward employee benefits and 52.19 million rupees for other operating expenses.
The gross change in contract liabilities, which reflects the increase in the life insurance fund to cover future liabilities, was 1.12 billion rupees for the period.
Other Key Performance Indicators
The company also published several “Other Indicators” that provide a deeper look into its operational reach:
- Total Enforce Policy Count: 1,353,511 policies.
- Number of Policies Issued During the Period: 133,428.
- First Year Premium: 795.01 million rupees.
- Renewal Premium: 1.59 billion rupees.
- Life Insurance Fund (Amount): 11.64 billion rupees.
- Solvency Margin Ratio: 2.43 as of the end of fiscal year 2081 2082.
These indicators show a healthy renewal rate and a growing base of active policies, which are vital for the long term sustainability of a life insurance provider.
Conclusion
The Sun Nepal Life Insurance financial results for the second quarter of 2082 2083 demonstrate a stable financial trajectory. With total assets approaching 19 billion rupees and a net profit of nearly 250 million rupees for the first half of the year, the company remains a significant player in Nepal’s insurance sector. The strong renewal premium figures and the substantial life insurance fund indicate robust trust from the insuring public.
For More: Sun Nepal Q2 Performance
