Life Insurance Corporation Nepal Reports Fourth Quarter Financial Results for Fiscal Year 2082/83

13th August 2026, Kathmandu

Life Insurance Corporation Nepal Limited, operating under the abbreviation LIC Nepal, has published its unaudited fourth-quarter financial results for fiscal year 2082/83.

LIC Nepal Financial Results Reported

The detailed financial disclosure reflects significant improvement across key performance indicators, highlighting strong profit growth, expanding premium collection, and enhanced asset scales.

Supported by growing investment portfolios and expanding reserve accounts, the institution continues to maintain a solid operational standing in the national insurance market.

Significant Increase in Net Profit and Earnings Per Share

The operational metrics reflecting net bottom-line performance demonstrate steady corporate progress during the review period:

• The company posted a net profit of Rs 405.7 million in fiscal year 2082/83, representing a 28.45 percent increase from Rs 315.8 million recorded in fiscal year 2081/82.
• Annualized earnings per share (EPS) registered significant improvement, rising from Rs 5.74 in the previous fiscal year to Rs 7.38 in the last fiscal year.
• The expansion in net profit was attributed primarily to the overall growth in the company’s income streams.

Expansion in Insurance Premium Earnings and Total Revenue

Core underwriting activities and general revenue streams showed positive growth during the review period:

• Net insurance premium income increased by 6.65 percent, rising from Rs 19.82 billion to Rs 21.14 billion.
• Total insurance premium income reached Rs 21.24 billion, marking a 6.57 percent increase compared to Rs 19.93 billion in the previous fiscal year.
• Total income of the company expanded by 3.52 percent, rising from Rs 32.33 billion in the prior fiscal year to Rs 33.46 billion in fiscal year 2082/83.

Claims Settlement and Expense Management

The fourth-quarter financial statement outlines policyholder benefit payouts alongside administrative expenditures:

Advertisement

• Net benefits and claims payments rose from Rs 26.83 billion to over Rs 27.86 billion during the review period.
• Total operational expenses increased by 3.83 percent, rising from Rs 29.55 billion to Rs 30.68 billion.

Life Insurance Fund Surpasses Rs 146 Billion

A central highlight of the fourth-quarter report is the continued expansion of long-term reserve capital and investment assets:

• The life insurance fund expanded by 10.45 percent, rising from Rs 132.92 billion in fiscal year 2081/82 to Rs 146.81 billion in fiscal year 2082/83.
• The company’s investment portfolio expanded significantly, rising from Rs 117.34 billion to Rs 131.49 billion by the end of the fiscal year.

Capital Structure, Reserves, and Solvency Position

The quarterly statement details the underlying capital allocation metrics and regulatory balance indicators maintained by the insurer:

• Paid-Up Capital: LIC Nepal maintained a paid-up capital base of Rs 5.50 billion.
• Catastrophe Reserve Fund: The catastrophe fund increased by 5.54 percent, reaching Rs 773.5 million compared to Rs 732.9 million in the prior fiscal year.
• Retained Earnings and Equity Reserves: Retained earnings declined by 23 percent, moving from Rs 3.45 billion to Rs 2.65 billion. Share premium remained unchanged at Rs 498 million, while other equity fell from Rs 394.1 million to Rs 355 million.
• Net Worth and Solvency Margin: Net worth per share stood at Rs 177.87, while the solvency margin ratio remained steady at 1.61. The company’s price-to-earnings (P/E) ratio was reported at 107.05 times.

Summary of Institutional Performance and Market Standing

The fourth-quarter financial results of Life Insurance Corporation Nepal Limited demonstrate solid operational execution and core business expansion for fiscal year 2082/83.

The rise in net profit to Rs 405.7 million, net premium income to Rs 21.14 billion, EPS to Rs 7.38, and total investments to Rs 131.49 billion highlights sound financial fundamentals.

Furthermore, the expansion of the life insurance fund to over Rs 146.81 billion stands out as a key financial development, reinforcing the company’s long-term market leadership in the life insurance sector.

For More: LIC Nepal Financial Results Reported