Himalayan Life Insurance Limited

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Himalayan Life Insurance Limited (NEPSE: HLI) is a life insurance company providing comprehensive insurance solutions to the Nepalese market. Formed through the merger of Prime Life Insurance, Gurans Life Insurance, and Union Life Insurance, the company commenced unified operations on May 9, 2023. It offers more than 25 insurance products across multiple categories including endowment plans, money-back plans, retirement and pension schemes, term assurance, whole-life plans, and specialized policies for children and women. The company maintains an extensive distribution network of 198 network points across Nepal's seven provinces with multiple branch and sub-branch offices. As of recent financial data, Himalayan Life Insurance manages a life fund of 76,942 million NPR and serves over 420,741 active policy holders. The company is backed by major business conglomerates including the Khetan, Shankar, Golchha, Dugar, Gadia, Jagadamba, and Neupane groups. The company was incorporated in 2023 and is headquartered in Kathmandu, Nepal.

Key Facts

Life insurance products

25+ products including endowment, money-back, pension, term assurance, whole-life, child and women plans

Network coverage

198 network points across seven provinces with branch and sub-branch offices

Life fund

76,942 million NPR

Active policies

420,741 policies in force

Formation

Merger of Prime Life Insurance, Gurans Life Insurance, and Union Life Insurance; commenced May 9, 2023