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Nepal Life Insurance <br />नेपाल लाइफ इन्स्योरेन्स

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Nepal Life Insurance
नेपाल लाइफ इन्स्योरेन्स
Traded asNEPSE: 187
ISIN🆔
IndustryInsurance
Founded 📆April 4, 2001; 25 years ago (2001-04-04) , Nepal
Founder 👔
Headquarters 🏙️,
Kamaladi , Kathmandu
,
Number of locations
199 Branches[1]
Area served 🗺️
Key people
Mr. Govind Lal Sanghai (chairman)[2]
Mr. Pravin Raman Parajuli (CEO) [3]
Products 📟 Life Insurance
Members
Number of employees
684[4] (2022)
🌐 Websitenepallife.com.np
📇 Address
📞 telephone

Nepal Life Insurance Company Limited is the largest life insurance company in Nepal in terms of Capital, Reserve, Investment, Branch Network, and customer base[5] [6] which was incorporated in 2001 and started its operation from its head office at Kamaladi Kathmandu. The company is promoted by a group of well-known businessmen and business houses of Nepal [7]

The company is offering various life insurance services through 199 branches located at various parts of Nepal.

Product Offered by Company

  • Endowment insurance plan
  • Whole life insurance plan
  • Child insurance plan
  • Money back insurance plan
  • Micro Insurance Plan

Capital Structure

The current paid-up capital of Nepal Life Insurance is NPR 8,207,966,600.00. The following table shows the percentage of shareholdings by the respective shareholders on the capital structure:[8]

S.No Owners Ownership (%)
1 Promoter Shares 51
2 Public Shares 49

References

  1. ↑ "Branches of Nepal Life" (PDF). Nepalife.
  2. ↑ "Newly elected chairman of Nepal Life Insurance Mr. Govind Lal Sanghai receives oath from Beema Samiti chairman". Sharesansar.com. 15 December 2016.
  3. ↑ "Pravin Raman Parajuli Appointed as CEO of Nepal Life". Khabarhub.com.
  4. ↑ "नेपाल लाइफ सर्वाधिक ठूलो रोजगारदाता". insurancekhabar.com.
  5. ↑ "अधिकाँश सूचकमा नेपाल लाइफको अग्रता कायमै". Merolagani.
  6. ↑ Financial report of Nepal Life Insurance (PDF). nib.gov.np (Report). Nepal Insurance Authority.
  7. ↑ Company Profile of Nepal Life (PDF). Icranepal (Report).
  8. ↑ "Capital structure of Nepal Life". NepalStock.com. Retrieved 2022-12-07.



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