Asian Life Insurance ‪١٧+‬

Welcome to Asian Life Insurance Company Ltd.
Asian Life Insurance Company Limited (ALICL) established under the Company Act 2053 on 27th February, 2008 (Falgun 15, 2064) and started functioning on 3rd April, 2008 (Chaitra 21, 2064).

The Authorized Capital of the Company is Rs. 5 billion with Rs. 2.9 billion paid up capital. (60 percent promoter and 40 percent public share.) ALICL has a Life Funds of Rs. 34 billion (Paush end 2079-80).

There are 93 promoters of the company: 2 institutional and the remaining 91 individual promoters. Among the institutional promoters, there are prominent BFIs and Corporate House.

The member of the board of directors and other individual investors are leaders in other professions and business, such as banks, insurance companies, financial institutions, private enterprises etc. Some investors are from reputed position holders of ex- government services.

ALICL is serving the nation through its 154 branch network across the nation. ALICL is dedicated to maintain the highest level of professional integrity, regulatory compliance and corporate governance. Since inception, the company has focused on policy- holder’s satisfaction. The company is equipped with modern technology to conduct the insurance business in professional manner and is in the position to properly deal with all types of clients and ready to provide excellent service.

ALICL has a strong and diversified sales network to distribute an extensive range of products, viz Money Back, Endowment, Whole Life, Joint Life, Term Life, Micro Life products etc. The company has also individual face-to-face sales channel for its traditional products. The ambition of the company is to be most trusted life insurance company in the Nepalese insurance market.

ALICL takes pride in having its own building for its corporate office in Maitidevi, Kathmandu and a land with area of 2-5-0-0.16 (1176.77 Sq. m.) in Naxal, Kathmandu for proposed New corporate building.