MetLife Quarterly Financial Results Q2 FY 2082/83 Nepal
11th February 2026, Kathmandu
MetLife Nepal, operating as the branch office of the American Life Insurance Company from its central location in Pulchowk, Lalitpur, has released its unaudited financial statements for the second quarter of the fiscal year 2082/83. As of Poush 30, 2082, the company demonstrated steady growth in its asset base and maintained a superior solvency profile, reinforcing its position as a top tier life insurer in Nepal.
MetLife Quarterly Financial Results
Unlike domestic insurers, MetLife operates as a branch of a global entity, which provides it with unique structural advantages in terms of risk management and international expertise.
Financial Performance Highlights
The company mid year results reflect a disciplined approach to fund management and policyholder protection. Total assets reached 38.02 billion, which is a notable increase from the 35.53 billion recorded in the same period last year.
The core of the business is supported by a diversified investment portfolio of 34.34 billion. For the first six months of the fiscal year, the company earned a net profit of 203.50 million. Most importantly for policyholders, the life insurance fund grew to 31.09 billion, ensuring the institution remains ready to meet future obligations.
Premium Collection and Market Reach
MetLife Nepal continues to show strong retention and new business acquisition through its professional agency force and digital channels. For the first half of the year, first year premiums including single premiums reached 758.45 million, while renewal premiums totaled a massive 2.48 billion. This brought the total earned premiums to 3.24 billion.
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In terms of policy growth, the company currently manages a portfolio of 697,376 in force policies. During the current six month period alone, it issued 271,544 new policies, indicating high market trust and expanding reach across both urban and rural segments.
Solvency and Claims Reliability
A key highlight of this quarter report is the company financial safety net. MetLife reported a solvency margin ratio of 2.08. Since the regulatory requirement set by the Nepal Insurance Authority is 1.50, this indicates that the company holds more than double the capital required to meet all its liabilities.
The company also remains highly active in its core promise of protection. Up to the second quarter, it paid out 6,796 total claims. Out of these, 5,838 related specifically to death and rider claims, showing a high level of responsiveness to life events.
Structural Note on the Foreign Branch Model
Because MetLife Nepal operates as a branch of American Life Insurance Company, its financial reporting differs slightly from local public limited companies. It does not have local share capital but instead maintains a substantial total equity of 4.39 billion. Earnings per share is not calculated or applicable due to its branch status. However, all risks are backed by the global balance sheet of the parent company, providing an additional layer of security for local policyholders.
Conclusion
The MetLife quarterly financial results for the second quarter of 2082/83 confirm that the company is successfully balancing growth with stability. With a massive life insurance fund and a solvency ratio well above regulatory norms, it remains a pillar of the Nepali insurance sector. As the company continues to innovate with digital solutions and protection based products, it is well positioned to lead the market in both financial performance and customer trust.
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