National Best Presented Annual Report Award: Nepal Life Insurance Honored with Prestigious Gold Award
1st July 2026, Kathmandu
Nepal’s most trusted life insurance provider, Nepal Life Insurance Company Limited, has achieved a historic milestone during the glorious occasion of celebrating its 25th anniversary.
National Best Presented Annual Report Award
The company has been honored with the prestigious ‘Gold Award’ under the ‘National Best Presented Annual Report Award 2025’, reflecting its high standards of financial disclosure and corporate governance.
The award was presented during a special ceremony organized by the Institute of Chartered Accountants of Nepal (ICAN) at Hotel Yak & Yeti in Kathmandu. The Chief Executive Officer (CEO) of Nepal Life Insurance, Mr. Pravin Raman Parajuli, and Deputy Chief Executive Officer (Deputy CEO), Mr. Amit Kumar Kayal, jointly accepted the accolade.
Recognition of Financial Transparency and Corporate Governance
The evaluation for this award was based on the company’s outstanding presentation, financial transparency, adequate disclosures, and effective implementation of Nepal Financial Reporting Standards (NFRS) alongside other accounting benchmarks for the fiscal year 2081/82. This honor solidifies Nepal Life’s continuous commitment to adopting financial accountability and good governance as part of its core institutional culture.
Speaking on the achievement, CEO Mr. Pravin Raman Parajuli stated:
“This honor is a matter of immense pride for the entire Nepal Life family. It adds a greater responsibility for us to continuously move forward toward higher levels of financial transparency, corporate governance, and operational excellence.”
He also expressed his deepest gratitude to the Chairman and the Board of Directors for their guidance, as well as to insured clients, active agents, dedicated employees, shareholders, regulatory bodies, and all stakeholders for their unwavering trust.
Nepal Life Insurance by the Numbers: Leading the Market
Over the past two decades, Nepal Life has continuously strengthened its leadership position through stable financial performance and an extensive market presence. According to data up to mid-April 2026 (Chaitra Masant 2083 BS), the company’s financial milestones include:
Policies Issued: Over 5.24 million insurance policies issued, bringing millions of Nepalese families under the blanket of financial security.
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Life Insurance Fund: Managing a massive life insurance fund of over NPR 267 billion.
Claim Settlements: Over NPR 113 billion successfully paid out in claims, proving its reliability in real-world commitments.
Contribution to National Economy: Contributed over NPR 17 billion in revenues and taxes to the Government of Nepal.
Credit Rating: The first life insurance company in Nepal to receive an ‘ICRA NP Double A Minus (AA-)’ credit rating from ICRA Nepal, symbolizing its high capacity to meet financial obligations.
A Nationwide Network Built on Trust
Nepal Life Insurance has made its services accessible across every corner of the country, covering all 77 districts of Nepal. The framework driving its service excellence includes:
Office Network: A total of 197 offices (including the central office, provincial offices, branches, and sub-branches) nationwide.
Active Agent Base: A powerful network of over 65,000 active agents driving community-level financial literacy.
Moving forward, Nepal Life Insurance reiterates its commitment to the core pillars of “Trust, Transparency, and Excellent Service,” dedicated to securing the financial future and prosperity of every Nepalese citizen.
