The life insurance company experienced a roughly 10% growth in business.

In the most recent fiscal year (FY) 2080–81, life insurance companies conducted almost ten percent more business. According to the Nepal Insurance Authority, life insurance companies made one trillion 56 billion 33 crore rupees that year from the sale or renewal of one crore 37 lakh seventy-four thousand insurance contracts. Compared to the prior year, the insurance premium has grown by 9.82%. They sold or renewed one crore 41 lakh 37 thousand insurance policies in 2079–2080, bringing in one trillion 42 billion 35 million rupees.

Renewing insurance policies is important for a company's ability to grow. They have only received $1 trillion and 21 billion in insurance fees from policy renewals in the past year. 34 billion 34 million is the first insurance fee they have collected. They were able to receive 31 billion 23 billion rupees from the first insurance fee and 1 trillion 11 billion rupees from the renewal of insurance contracts last year.

In terms of collecting insurance premiums, Nepal Life Insurance Company is in the front. It received insurance charge payments of 37.17 billion rupees in 2079–2080 and 40.85 billion rupees in 2085–2086. In a same vein, Sun Nepal Life Insurance earned the least amount of insurance last year—3.88 billion rupees. In 2079–2080, Nepal collected 3 billion 78 million rupees in insurance fees.

With the small life insurance firm included, the total amount of insurance costs received increased by 9.94 percent in comparison to the previous year. Additionally, the modest life insurance firm collected 1 trillion 42 billion 35 million insurance premiums the previous year, and 1 trillion 56 billion 50 billion rupees the following year.

Crest Micro Life is the microinsurance company that earns the highest premium. Through the selling of 58,866 insurance policies, Crest has amassed 9 billion 76 crore rupees as of last year.

Satchiraj Paudel, the CEO of Citizens Life Insurance and President of the Life Insurance Association of Nepal, notes that last year's business growth was typical because the effects of the economic downturn have also had an impact on the insurance industry.

"When the economic activity increases, the income of the general public increases and the business of insurance companies also expands," he stated. According to him, the economic downturn has led to a rise in the surrender rate of insurance policies, which has impacted enterprises' ability to grow.