{"id":322362,"date":"2026-11-05T12:10:57","date_gmt":"2026-11-05T06:25:57","guid":{"rendered":"https:\/\/insurancekhabar.com\/?p=322362"},"modified":"2026-11-05T12:15:05","modified_gmt":"2026-11-05T06:30:05","slug":"life-insurers-renewal-premium-collection-increased-by-12-80-by-whom-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/life-insurers-renewal-premium-collection-increased-by-12-80-by-whom-2\/","title":{"rendered":"Life insurers’ renewal premium collection increased by 12.80%, by whom?"},"content":{"rendered":"

Kathmandu. Current Fiscal Year 2083. Life insurance companies have collected more than Rs 45 billion in insurance premiums by renewing insurance policies till the first quarter of 2018-84. <\/p>\n

According to the data released by the Nepal Insurance Authority (NIA) today, 14 life insurers have earned Rs 44.76 billion in renewal insurance premiums till mid-September of the current fiscal year. In the previous fiscal year, 2082. Insurance companies had earned Rs 39.68 billion in renewal insurance premiums till mid-September 2018. The renewal premium collected by the insurers during the review period increased by 12.80 percent compared to the previous year. <\/p>\n

Compared to the previous year, the renewal premium collection of all companies has increased till September of the current year. IME Life is ahead in the growth rate while Nepal Life collects the highest renewal premium. <\/p>\n

Nepal Life has collected Rs 11.57 billion in renewal premium till September of the current fiscal year. The company had collected Rs 10.74 billion in the previous year. Compared to the previous year, the company’s renewal premium collection has increased by 7.73 percent. <\/p>\n

National Life is the second highest collection of renewal insurance premiums. The company collected Rs 5.24 billion in renewal premiums till September. In the same period last year, the company had collected only Rs 4.36 billion in renewal premiums. The company’s renewal premium increased by 20.18 percent compared to the previous year. <\/p>\n

Life Insurance Corporation (LIC Nepal) is in the third position. The company collected Rs 4.30 billion in renewal insurance premiums till mid-September last year, up 7.90 percent from Rs 4.64 billion in the review period. <\/p>\n

Similarly, National Life Insurance Company has collected Rs 4.52 billion in renewal insurance premiums till September. The company had collected Rs 4.07 billion in the same period last year. The company’s renewal premium increased by 11.05 percent compared to the previous year. <\/p>\n

Himalayan Life Insurance collected Rs 4.45 billion in renewal premium, followed by Surya Jyoti Life Insurance of Rs 2.62 billion, Asian Life Insurance Rs 2.10 billion, Citizen Life Insurance Rs 1.74 billion, Sanima Reliance Life Rs 1.60 billion and IME Life Insurance Rs 1.40 billion. During the review period, Himalayan Life Insurance has increased by 14.66 percent, Surya Jyoti Life Insurance by 15.84 percent, Asian Life Insurance by 16.42 percent, Citizen Life by 10.59 percent, Sanima Reliance Life by 16.43 percent and IME Life by 31.16 percent. <\/p>\n

Similarly, MetLife earned Rs 1.39 billion in renewal premiums, Prabhu Mahalaxmi Life earned Rs 1.28 billion, Reliable Nepal Life earned Rs 1.24 billion and Sun Nepal Life earned Rs 86.45 million in the review period. Compared to the previous year, MetLife Insurance has increased by 8.60 percent, Prabhu Mahalaxmi Life by 19.35 percent, Reliable Nepal Life Insurance by 18.43 percent and Sun Nepal Life Insurance by 13.78 percent. <\/p>\n

\"\" <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Kathmandu. Current Fiscal Year 2083. Life insurance companies have collected more than Rs 45 billion in insurance premiums by renewing insurance policies till the first quarter of 2018-84. According to the data released by the Nepal Insurance Authority (NIA) today, 14 life insurers have earned Rs 44.76 billion in renewal insurance premiums till mid-September of […]<\/p>\n","protected":false},"author":16,"featured_media":233288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45152,45159],"tags":[],"class_list":["post-322362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-life-insurance-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/322362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=322362"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/322362\/revisions"}],"predecessor-version":[{"id":322363,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/322362\/revisions\/322363"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/233288"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=322362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=322362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=322362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}