8th July 2025, Kathmandu
Asian Life Insurance Company Limited has achieved a significant milestone. The company’s issuer rating has been upgraded from IRN A Minus to IRN A by Infomerics Credit Rating Nepal Limited. This rating boost is directly linked to its upcoming rights share issuance and consistent financial performance.
Asian Life IRN A Rating
Infomerics issued the revised rating on Ashad 23, 2082 (July 7, 2025). The upgrade reflects strong financial discipline, improved operational metrics, and the company’s ability to meet its financial obligations in a timely manner. The upgraded IRN A rating highlights Asian Life’s improved creditworthiness and business resilience.
Financial Growth Drives Rating Upgrade
The issuer rating upgrade is the result of the company’s strong financial indicators over recent fiscal years. In the fiscal year 2080/81 (2023/24), Asian Life Insurance showed remarkable growth compared to the previous year:
Total premium income increased by 15%.
Net premium income rose by 14%.
Net worth climbed by 14%.
Operating profit improved by 13%.
Net profit after tax surged by 18%.
In addition, during the third quarter of the ongoing fiscal year 2081/82 (2024/25), the company’s first premium income saw a notable 25% growth. These consistent gains across key financial metrics have directly influenced the issuer rating upgrade.
Rights Share Issuance To Raise Capital
In line with the directive from the Nepal Insurance Authority, Asian Life Insurance is preparing to issue rights shares to raise its paid-up capital to NPR 5 billion. The company has proposed a 1:0.42 rights share ratio.
This capital enhancement is designed to meet regulatory requirements and support future business expansion. The rights issue also reflects the company’s forward-thinking strategy to strengthen its capital base.
Dividend Proposal For FY 2080/81
Asian Life Insurance has also announced a dividend proposal for its shareholders. During its 17th Annual General Meeting scheduled for Ashad 30, 2082 (July 14, 2025), the company will propose:
A 5.10% bonus share
A 0.2684% cash dividend
This results in a total proposed dividend of 5.3684% for fiscal year 2080/81 (2023/24). The dividend proposal demonstrates the company’s commitment to value creation for shareholders while maintaining strong financial stability.
Strengthening Market Position With Better Rating
The upgraded rating from IRN A Minus to IRN A reinforces Asian Life Insurance’s credibility in the Nepali insurance market. It also indicates improved capacity to service debt and manage financial obligations efficiently.
This rating comes at a critical time, as the company gears up for rights issuance and broader expansion. Investors, stakeholders, and regulators can now view the company as more secure and trustworthy.
Asian Life Insurance: A Trusted Name in Nepal’s Insurance Sector
Asian Life Insurance continues to be a trusted name among policyholders and investors in Nepal. Its focus on sustainable growth, capital adequacy, regulatory compliance, and profitability sets it apart in the competitive insurance sector.
With a stronger credit rating, a clear capital-raising plan, and consistent financial growth, the company is well-positioned for long-term success.
For more:- Asian Life IRN A Rating