Asian life Insurance Company Limited (ALICL)

About Asian Life Insurance Company Limited (ALICL)

Protecting Lives, Securing Futures

Asian Life Insurance Company Limited (ALICL) is one of Nepal's leading life insurance companies, committed to providing reliable life insurance solutions that help individuals and families achieve long-term financial security. Licensed by the Nepal Insurance Authority (NIA License No. 06/064), the company has been serving policyholders across Nepal since 2008 with customer-focused insurance products and professional services.

Driven by strong corporate governance, financial strength, and a nationwide service network, Asian Life Insurance continues to promote financial protection, savings, and peace of mind for customers throughout Nepal.

Company Overview

Asian Life Insurance Company Limited was incorporated under the Companies Act, 2063 on 27 February 2008 (Falgun 15, 2064 B.S.) and officially commenced business operations on 3 April 2008 (Chaitra 21, 2064 B.S.).

The company operates under the regulatory supervision of the Nepal Insurance Authority (NIA) and is licensed to conduct life insurance business throughout Nepal.

Capital Structure

Asian Life Insurance has built a strong financial foundation with:

• Authorized Capital: NPR 6 billion

• Paid-up Capital: NPR 5 billion

• Promoter and Public Shareholding Ratio: 51:49

• Life Fund: NPR 48.48 billion (as of Q1 FY 2082/83)

The company's capital strength supports long-term financial stability, policyholder protection, and sustainable business growth.

Strong Leadership and Governance

Asian Life Insurance is guided by an experienced Board of Directors and investors representing diverse professional backgrounds, including:

• Banking

• Insurance

• Financial institutions

• Private enterprises

• Former senior government officials

• Business leaders and professionals

This broad leadership experience contributes to sound governance, prudent decision-making, and sustainable corporate growth.

Nationwide Presence

Asian Life Insurance serves customers through an extensive network of 132 branch offices across Nepal.

Its nationwide presence enables the company to provide accessible life insurance services, efficient customer support, and timely claim assistance to individuals and families throughout the country.

Customer-Centered Insurance Solutions

Asian Life Insurance is dedicated to delivering quality life insurance products that help customers protect their families and achieve long-term financial goals.

The company focuses on:

• Financial protection for individuals and families

• Long-term savings and financial planning

• Customer-focused insurance solutions

• Efficient and transparent service delivery

• Professional claims management

• Financial security across different stages of life

Vision

Asian Life Insurance envisions becoming a trusted and customer-focused life insurance company by:

• Developing highly skilled and professional human resources that deliver exceptional service.

• Promoting awareness among every Nepali citizen about the importance of life insurance for financial protection, future security, and family well-being.

• Upholding transparency, fairness, and equality in customer service and corporate governance.

Mission

To establish Asian Life Insurance Company Limited as a leading and trusted brand in Nepal's life insurance industry by delivering innovative, reliable, and high-quality insurance products and services that consistently exceed customer expectations.

Our Commitment

Asian Life Insurance Company Limited remains committed to protecting lives through responsible insurance solutions, ethical business practices, and continuous service excellence.

By investing in people, technology, innovation, and customer relationships, the company continues to strengthen financial security for individuals and families while contributing to the growth and stability of Nepal's insurance sector.

Why Choose Asian Life Insurance Company Limited?

• Licensed by the Nepal Insurance Authority (NIA) since 2008

• One of Nepal's established life insurance companies

• Authorized Capital: NPR 6 billion

• Paid-up Capital: NPR 5 billion

• Life Fund: NPR 48.48 billion (Q1 FY 2082/83)

• Strong governance supported by experienced professionals and business leaders

• Nationwide network of 132 branch offices

• Customer-focused life insurance products and financial protection solutions

• Committed to transparency, service excellence, financial security, and long-term customer value

• Focused on promoting insurance awareness and expanding financial protection across Nepal