| PBV | 4.34 |
| Fiscal Year | 082/083 |
| Quarter | q3 |
| EPS | 7.77 |
| Book Value | RS. 176.47 |
| Paidup Capital | RS. 5500000000 |
| Base Rate | % |
| CD Ratio | % |
| Spread Rate | % |
| NPL | % |
View more details stock info of LICN
About Life Insurance Corporation (Nepal) Limited (LIC Nepal)
A Trusted Life Insurance Company with Global Expertise and Local Commitment
Life Insurance Corporation (Nepal) Limited (LIC Nepal) is one of Nepal's largest capitalized life insurance companies, committed to providing reliable life insurance solutions that promote financial security, long-term savings, and economic well-being. Established through the collaboration of the globally recognized Life Insurance Corporation of India (LIC of India) and Nepal's Vishal Group, LIC Nepal combines international insurance expertise with deep local market knowledge to serve individuals, families, and businesses across Nepal.
With a strong financial foundation, prudent investment practices, and a customer-centric approach, LIC Nepal continues to support the financial protection needs of policyholders while contributing to Nepal's economic development.
Company Overview
Life Insurance Corporation (Nepal) Limited was incorporated under the Companies Act, 2053 on 27 December 2000 with Registration No. 765-057/58.
The company received its life insurance operating license from the then Insurance Board of Nepal (Beema Samiti) on 7 August 2001 (License No. 05/058) and officially commenced business operations on 1 September 2001.
Today, LIC Nepal operates as one of Nepal's established life insurance companies, providing a broad range of life insurance products designed to protect individuals and families against financial uncertainty.
A Strong "Glocal" Foundation
LIC Nepal was established through a strategic partnership between:
Life Insurance Corporation of India (LIC of India) – 55% ownership
Vishal Group – 10% ownership
General Public – 35% ownership through public equity
This ownership structure reflects a unique "Glocal" identity—combining the global experience, technical expertise, and financial strength of LIC of India with the local knowledge and business understanding of Nepal's private sector.
Our Purpose
LIC Nepal is committed to enhancing the quality of life of people by providing financial security through customer-focused life insurance products and services.
The company strives to:
Protect individuals and families against financial risks.
Deliver insurance products that offer value and competitive returns.
Support long-term financial planning and wealth creation.
Mobilize financial resources that contribute to Nepal's economic development.
Objectives
LIC Nepal operates with the following key objectives:
Promote Financial Security
Provide a comprehensive range of life insurance products that help individuals and families manage financial risks and achieve long-term financial stability.
Expand Insurance Awareness
Increase public awareness of life insurance across Nepal and extend financial protection to all insurable individuals through accessible and affordable insurance solutions.
Meet Changing Customer Needs
Develop insurance products that address the evolving financial, social, and economic needs of Nepalese society.
Offer Comprehensive Life Insurance Solutions
Provide various forms of life insurance, including whole life insurance, term life insurance, and other life insurance products in accordance with prevailing laws and regulations.
Responsible Investment Management
Manage policyholder funds prudently by balancing the interests of policyholders, investors, and the broader community while supporting Nepal's national development priorities and seeking sustainable returns.
Operational Excellence
Conduct business efficiently and responsibly, recognizing that policyholder funds are held in trust and must be managed with the highest standards of integrity and accountability.
Employee and Agency Development
Promote professionalism, participation, pride, and job satisfaction among employees and insurance agents by encouraging dedication, ethical conduct, and commitment to corporate objectives.
Commitment to Regulatory Compliance
LIC Nepal conducts its life insurance business in accordance with Nepal's prevailing insurance laws, including:
Insurance Act, 2079
Insurance Regulation, 2081
The company remains committed to maintaining high standards of governance, transparency, financial discipline, and regulatory compliance while safeguarding the interests of policyholders and shareholders.
Our Commitment
Life Insurance Corporation (Nepal) Limited is dedicated to protecting lives, strengthening financial resilience, and promoting inclusive economic development through trusted life insurance solutions.
By combining international insurance expertise with local market understanding, prudent financial management, and customer-focused services, LIC Nepal continues to help individuals and families secure a more confident financial future while contributing to the sustainable growth of Nepal's insurance sector.
Why Choose LIC Nepal?
One of Nepal's largest capitalized life insurance companies
Established in 2000 and operational since 2001
Strategic partnership between Life Insurance Corporation of India (LIC of India) and Vishal Group
Unique "Glocal" model combining global expertise with local experience
Broad portfolio of life insurance products for individuals and families
Strong commitment to financial security, customer protection, and long-term savings
Operates in compliance with Nepal's Insurance Act, 2079 and Insurance Regulation, 2081
Focused on responsible investment, ethical governance, operational excellence, and sustainable economic development
Dedicated to expanding life insurance awareness and financial inclusion across Nepal
