Infomerics Credit Rating Nepal Reaffirms Asian Life Insurance IRN A Rating

18th August 2026, Kathmandu

Infomerics Credit Rating Nepal Limited has reaffirmed the IRN A issuer rating of Asian Life Insurance Company Limited.

Asian Life IRN-A Rating

The rating reflects the company’s adequate capacity to meet its financial obligations on time, indicating low credit risk and a secure institutional profile.

Key Drivers Behind the Rating Reaffirmation

The reaffirmation is backed by sustained improvements in key financial and operational parameters:

Growth in New and Renewal Premiums: Consistent growth in new business premiums along with continued improvement in renewal premiums supports long-term operational stability.

Investment Portfolio Diversification: Strategic expansion and diversification of the investment portfolio have enhanced resource mobilization and improved total investment yield.

Market Expansion: Effective execution of growth strategies to acquire new policyholders and consolidate market position.

Operational History and Management Profile

Established in 2008, Asian Life Insurance has built an operational track record spanning over 18 years. Throughout its history, the company has successfully navigated economic, industrial, and political shifts. Operations are driven by a skilled, experienced management team and a professional workforce.

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Nationwide Geographical and Agency Network

Asian Life maintains an extensive service delivery network across all seven provinces of Nepal:

• 74 Districts Covered: Providing direct access to life insurance services across the country.
• 128 Office Locations: Operating through 51 full-fledged branches and 77 sub-branches as of fiscal year 2025 26.
• Agency Force: Supported by approximately 29,291 individual agents and four institutional agents, driving customer acquisition and market penetration.

Ownership Structure and Reinsurance Safety

The company features a balanced ownership structure:

• Promoter Group: Holds 51 percent of total equity, led by major promoters including Rajesh Lal Shrestha, Ratna Devi Shrestha, and Rukmini Basnet.
• General Public: Holds 49 percent of total equity.

To manage risk exposure, Asian Life maintains adequate reinsurance arrangements with a per-policy retention limit of approximately 0.4 million rupees. Additional catastrophic risk reinsurance covers potential large-scale claims arising from major disaster events.

Policyholder Fund and Reserves Expansion

The company’s financial reserve base showed noticeable expansion in recent periods:

Policyholder Fund: Reached approximately 52 billion rupees as of mid-April 2026, up from around 47 billion rupees in fiscal year 2024 25.

Catastrophe Reserve: Increased to approximately 3.22 billion rupees, compared to around 2.87 billion rupees in the prior fiscal year.

For More: Asian Life IRN-A Rating