Citizen Life Insurance Company Limited (CLI) Share Price & Fundamentals
Citizen Life Insurance (CLI) share price is Rs. 440.20, up 0.07% on 2026-09-22. Open Rs. 439.00. High Rs. 444.20. Low Rs. 435.00. Volume 25,764.
Citizen Life Insurance Company Limited is a NEPSE-listed company (CLI), Life Insurance sector. Premium: Rs. 897.71 Crore. Net profit: Rs. 39.08 Crore. Net worth: Rs. 719.95 Crore.
About Citizen Life Insurance Company Limited
Citizen Life Insurance Company Limited is a NEPSE-listed life insurance company based in Kathmandu, Nepal, providing life insurance products and services across Nepal.
Citizen Life Insurance Company Limited (CLI) has 5,00,00,000 shares outstanding. Its most recent declared dividend was 20.00% on face value.
Company website: citizenlife.com.np.
CLI key metrics
CLI strengths
What Citizen Life Insurance Company Limited's own accounts show in its favour, graded against the rest of its sector.
- Premiums collected grew 25.9% on last year, so the insurer is writing more business. (Premium Growth & Book Quality)
- 147.9% of premiums come from customers renewing, which is steady, repeat income. (Premium Growth & Book Quality)
- The fund set aside for policyholders grew 89.2%, so future claims are better covered. (Reserving & Liability Strength)
- 26% of what it owns belongs to shareholders rather than policyholders and lenders. (Solvency)
- New policies sold grew 29.1% on last year, so the sales side is working. (Premium Growth & Book Quality)
- Keeps 95.8% of the risk it takes on rather than passing it to another insurer. (Claims & Underwriting)
- The company grew 25.9% bigger over the year. (Shareholder Returns)
- 79.8% of investments are long term, which matches the decades-long promises it has made. (Investment Performance)
- Agent commissions take only 9.5% of premiums, so selling costs are controlled. (Expense Efficiency)
CLI weaknesses
What the same accounts show against it. Both lists are computed from the filed figures, not opinion, and are not advice.
- Earns only 2.6% a year on shareholders' money, below what owners would hope for. (Profitability)
- 99.3% of premiums go out as claims, which leaves little margin on the policies sold. (Claims & Underwriting)
- Holds 1.73x of the required safety capital, close to the 1.5 times the regulator sets. (Solvency)
- Only 3.5% of income becomes profit once costs are paid. (Profitability)
- The number of live policies moved -32.8%, so the customer base is not growing. (Premium Growth & Book Quality)
- Earns only 0.7% a year on everything it owns, so its money is not working hard. (Profitability)
- Each share earned only Rs 7.82 of profit over the year. (Shareholder Returns)
- Running costs take 19.8% of premiums, a heavy load on what customers pay in. (Expense Efficiency)
- Only 51.5% is set aside to pay policyholders, which is light cover. (Reserving & Liability Strength)
- The average policy is worth only Rs 11236.11, so premiums per customer are small. (Premium Growth & Book Quality)
- Earns only 7.9% on the money it holds, so those funds are underused. (Investment Performance)
- Only 18.2% of income comes from investments, so it depends on premiums alone. (Investment Performance)
CLI Q4 2082/83 results
In Q4 2082/83 Citizen Life Insurance Company Limited reported profit of Rs. 3.08 crore and net earned premiums of Rs. 303.4 crore. Profit in Q3 2082/83 was Rs. 12.85 crore. Profit fell 76.06% on the previous quarter. Net earned premiums grew 47.69% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was Rs. 6.74 crore. Profit fell 54.34% on the same quarter last year. Net earned premiums grew 31.01% on the same quarter last year.
CLI annual results 2082/83
For the financial year 2082/83 Citizen Life Insurance Company Limited reported net profit of Rs. 39.08 crore, net earned premiums of Rs. 897.71 crore and net worth of Rs. 719.95 crore. Net profit in 2081/82 was Rs. 18.91 crore. Net profit grew 106.63% on the year. Net earned premiums grew 25.87% on the year.
CLI profit and loss for 2082/83
In the financial year 2082/83, Citizen Life Insurance Company Limited reported net earned premiums of Rs. 897.71 crore, other income of Rs. 220.79 crore, total income of Rs. 1,118.5 crore, net benefits and claims paid of Rs. 891.28 crore, other expenses of Rs. 188.3 crore, total expenses of Rs. 1,079.42 crore, profit before tax of Rs. 39.08 crore and net profit for the year of Rs. 39.08 crore.
Reported under net earned premiums: gross earned premiums of Rs. 937.41 crore and premiums ceded of Rs. 39.7 crore. Reported under other income: other direct income of Rs. 2.12 crore, interest income on loan to policyholders of Rs. 14.66 crore, income from investments and loans of Rs. 203.95 crore and other income of Rs. 0.05 crore. Reported under net benefits and claims paid: gross benefits and claims paid of Rs. 193.97 crore, claims ceded of Rs. 36.47 crore, gross change in contract liabilities of Rs. 733.74 crore and change in contract liabilities ceded to reinsurers of Rs. 0.03 crore. Reported under other expenses: commission expenses of Rs. 85.4 crore, service fees of Rs. 6.73 crore, employee benefits expenses of Rs. 36.99 crore, depreciation and amortization expenses of Rs. 3.8 crore and other operating expenses of Rs. 55.38 crore.
CLI profit and loss for 2081/82
In the financial year 2081/82, Citizen Life Insurance Company Limited reported net earned premiums of Rs. 713.21 crore, other income of Rs. 206.66 crore, total income of Rs. 919.87 crore, net benefits and claims paid of Rs. 698.01 crore, other expenses of Rs. 166.94 crore, total expenses of Rs. 864.95 crore, profit before tax of Rs. 54.93 crore and net profit for the year of Rs. 18.91 crore.
Reported under net earned premiums: gross earned premiums of Rs. 754.82 crore and premiums ceded of Rs. 41.6 crore. Reported under other income: commission income of Rs. 4.26 crore, other direct income of Rs. 2.05 crore, interest income on loan to policyholders of Rs. 11.11 crore, income from investments and loans of Rs. 189.05 crore and other income of Rs. 0.19 crore. Reported under net benefits and claims paid: gross benefits and claims paid of Rs. 191.23 crore, claims ceded of Rs. 31.31 crore, gross change in contract liabilities of Rs. 537.86 crore and change in contract liabilities ceded to reinsurers of Rs. 0.22 crore. Reported under other expenses: commission expenses of Rs. 72.54 crore, service fees of Rs. 5.35 crore, employee benefits expenses of Rs. 37.43 crore, depreciation and amortization expenses of Rs. 6.25 crore, impairment losses of Rs. 0.08 crore, other operating expenses of Rs. 44.49 crore and finance cost of Rs. 0.78 crore. Reported under net profit for the year: income tax expenses of Rs. 36.01 crore.
CLI profit and loss for 2080/81
In the financial year 2080/81, Citizen Life Insurance Company Limited reported net earned premiums of Rs. 584.17 crore, other income of Rs. 173.44 crore, total income of Rs. 757.61 crore, net benefits and claims paid of Rs. 572.84 crore, other expenses of Rs. 146.57 crore, total expenses of Rs. 719.41 crore, profit before tax of Rs. 38.2 crore and net profit for the year of Rs. 43 crore.
Reported under net earned premiums: gross earned premiums of Rs. 621.53 crore and premiums ceded of Rs. 37.36 crore. Reported under other income: commission income of Rs. 3.29 crore, other direct income of Rs. 1.73 crore, interest income on loan to policyholders of Rs. 8.6 crore, income from investments and loans of Rs. 159.65 crore and other income of Rs. 0.16 crore. Reported under net benefits and claims paid: gross benefits and claims paid of Rs. 182.81 crore, claims ceded of Rs. 30.59 crore, gross change in contract liabilities of Rs. 420.88 crore and change in contract liabilities ceded to reinsurers of Rs. 0.25 crore. Reported under other expenses: commission expenses of Rs. 64.55 crore, service fees of Rs. 4.38 crore, employee benefits expenses of Rs. 32.75 crore, depreciation and amortization expenses of Rs. 5.66 crore, impairment losses of Rs. 0.02 crore, other operating expenses of Rs. 38.3 crore and finance cost of Rs. 0.9 crore. Reported under net profit for the year: income tax expenses of Rs. 4.8 crore.
CLI balance sheet for 2081/82
In the financial year 2081/82, Citizen Life Insurance Company Limited reported total assets of Rs. 2,773.76 crore, total liabilities of Rs. 2,053.81 crore and total equity of Rs. 719.95 crore.
Reported under total assets: goodwill & intangible assets of Rs. 0.38 crore, property and equipment of Rs. 21.45 crore, deferred tax assets of Rs. 29.5 crore, investments of Rs. 2,404.42 crore, loans of Rs. 104.9 crore, reinsurance assets of Rs. 0.04 crore, current tax assets of Rs. 58.79 crore, insurance receivables of Rs. 3.58 crore, other assets of Rs. 70.76 crore, other financial assets of Rs. 38.32 crore and cash and cash equivalent of Rs. 41.63 crore. Reported under total liabilities: provisions of Rs. 3.58 crore, gross insurance contract liabilities of Rs. 1,986.3 crore, insurance payables of Rs. 2.07 crore, other liabilities of Rs. 20.86 crore and other financial liabilities of Rs. 40.99 crore. Reported under total equity: share capital of Rs. 500 crore, share premium of Rs. 44.97 crore, catastrophe reserves of Rs. 23.04 crore, retained earnings of Rs. 115.05 crore and other equity of Rs. 36.9 crore.
CLI balance sheet for 2080/81
In the financial year 2080/81, Citizen Life Insurance Company Limited reported total assets of Rs. 2,204 crore, total liabilities of Rs. 1,497.79 crore and total equity of Rs. 706.21 crore.
Reported under total assets: goodwill & intangible assets of Rs. 0.28 crore, property and equipment of Rs. 23.14 crore, deferred tax assets of Rs. 67.8 crore, investments of Rs. 1,907.98 crore, loans of Rs. 81.05 crore, reinsurance assets of Rs. 0.26 crore, current tax assets of Rs. 46.06 crore, insurance receivables of Rs. 3.27 crore, other assets of Rs. 1.01 crore, other financial assets of Rs. 31.92 crore and cash and cash equivalent of Rs. 41.23 crore. Reported under total liabilities: provisions of Rs. 2.85 crore, gross insurance contract liabilities of Rs. 1,442.27 crore, insurance payables of Rs. 0.22 crore, other liabilities of Rs. 25.44 crore and other financial liabilities of Rs. 27.02 crore. Reported under total equity: share capital of Rs. 393.75 crore, share premium of Rs. 151.22 crore, catastrophe reserves of Rs. 17.54 crore, retained earnings of Rs. 72.21 crore and other equity of Rs. 71.48 crore.
CLI balance sheet for 2079/80
In the financial year 2079/80, Citizen Life Insurance Company Limited reported total assets of Rs. 1,472.82 crore, total liabilities of Rs. 1,071.62 crore and total equity of Rs. 401.2 crore.
Reported under total assets: goodwill & intangible assets of Rs. 0.25 crore, property and equipment of Rs. 23.57 crore, deferred tax assets of Rs. 63.57 crore, investments of Rs. 1,212.71 crore, loans of Rs. 63.46 crore, reinsurance assets of Rs. 0.01 crore, current tax assets of Rs. 32.75 crore, insurance receivables of Rs. 4.67 crore, other assets of Rs. 3.57 crore, other financial assets of Rs. 21.77 crore and cash and cash equivalent of Rs. 46.49 crore. Reported under total liabilities: provisions of Rs. 2.27 crore, gross insurance contract liabilities of Rs. 1,020.42 crore, insurance payables of Rs. 0.92 crore, other liabilities of Rs. 23.04 crore and other financial liabilities of Rs. 24.98 crore. Reported under total equity: share capital of Rs. 262.5 crore, share premium of Rs. 1.3 crore, catastrophe reserves of Rs. 13.73 crore, retained earnings of Rs. 57.95 crore and other equity of Rs. 65.72 crore.
CLI cash flow for 2081/82
In the financial year 2081/82, Citizen Life Insurance Company Limited reported opening cash & cash equivalents of Rs. 41.23 crore, net cash flow from operating activities of Rs. 321.42 crore, net cash flow from investing activities of Rs. 314.97 crore, net cash flow from financing activities of Rs. 6.04 crore, net change in cash of Rs. 0.4 crore and closing cash & cash equivalents of Rs. 41.63 crore.
Reported under net cash flow from operating activities: gross premium received of Rs. 754.82 crore, commission / reinsurance commission received of Rs. 4.26 crore, claim recovery received from reinsurers of Rs. 31.31 crore, other direct income received of Rs. 2.05 crore, gross benefits and claims paid of Rs. 191.23 crore, reinsurance premium paid of Rs. 41.6 crore, commission paid of Rs. 72.54 crore, service fees paid of Rs. 5.35 crore, employee benefits expenses paid of Rs. 37.43 crore and other expenses paid of Rs. 45.66 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.16 crore, acquisitions of property and equipment of Rs. 4.61 crore, purchase of equity instruments of Rs. 169.51 crore, proceeds from sale of equity instruments of Rs. 53.04 crore, purchase of mutual funds of Rs. 30.11 crore, proceeds from sale of mutual funds of Rs. 0.2 crore, purchase of debentures of Rs. 51.89 crore, proceeds from sale of debentures of Rs. 1.05 crore, investments in deposits of Rs. 566.5 crore, maturity of deposits of Rs. 277 crore, interest income received of Rs. 198.52 crore, dividend received of Rs. 1.63 crore and loans against insurance policies of Rs. 23.93 crore.
CLI cash flow for 2080/81
In the financial year 2080/81, Citizen Life Insurance Company Limited reported opening cash & cash equivalents of Rs. 46.49 crore, net cash flow from operating activities of Rs. 280.74 crore, net cash flow from investing activities of Rs. 547.43 crore, net cash flow from financing activities of Rs. 261.43 crore, net change in cash of Rs. 5.26 crore and closing cash & cash equivalents of Rs. 41.23 crore.
Reported under net cash flow from operating activities: gross premium received of Rs. 621.53 crore, commission / reinsurance commission received of Rs. 3.29 crore, claim recovery received from reinsurers of Rs. 30.59 crore, other direct income received of Rs. 1.73 crore, gross benefits and claims paid of Rs. 182.81 crore, reinsurance premium paid of Rs. 37.36 crore, commission paid of Rs. 64.55 crore, service fees paid of Rs. 4.38 crore, employee benefits expenses paid of Rs. 32.75 crore, other expenses paid of Rs. 39.37 crore and income tax paid of Rs. 0 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.09 crore, acquisitions of property and equipment of Rs. 5.17 crore, purchase of equity instruments of Rs. 36.18 crore, proceeds from sale of equity instruments of Rs. 0 crore, purchase of mutual funds of Rs. 8.93 crore, proceeds from sale of mutual funds of Rs. 0 crore, purchase of debentures of Rs. 102.13 crore, proceeds from sale of debentures of Rs. 0 crore, investments in deposits of Rs. 650.5 crore, maturity of deposits of Rs. 104.77 crore, interest income received of Rs. 168.05 crore, dividend received of Rs. 0.2 crore and loans against insurance policies of Rs. 17.62 crore. Reported under net cash flow from financing activities: interest paid of Rs. 0 crore, repayment of borrowings of Rs. 0 crore and proceeds from issue of share capital of Rs. 266.4 crore.
CLI cash flow for 2079/80
In the financial year 2079/80, Citizen Life Insurance Company Limited reported opening cash & cash equivalents of Rs. 30.22 crore, net cash flow from operating activities of Rs. 227.48 crore, net cash flow from investing activities of Rs. 300.01 crore, net cash flow from financing activities of Rs. 88.8 crore, net change in cash of Rs. 16.27 crore and closing cash & cash equivalents of Rs. 46.49 crore.
Reported under net cash flow from operating activities: gross premium received of Rs. 589.33 crore, commission / reinsurance commission received of Rs. 5.19 crore, claim recovery received from reinsurers of Rs. 26.77 crore, other direct income received of Rs. 1.57 crore, gross benefits and claims paid of Rs. 190.28 crore, reinsurance premium paid of Rs. 41.12 crore, commission paid of Rs. 71.89 crore, service fees paid of Rs. 4.49 crore, employee benefits expenses paid of Rs. 26.77 crore, other expenses paid of Rs. 38.99 crore and income tax paid of Rs. 0 crore. Reported under net cash flow from investing activities: acquisitions of intangible assets of Rs. 0.07 crore, acquisitions of property and equipment of Rs. 21.44 crore, purchase of equity instruments of Rs. 7.63 crore, proceeds from sale of equity instruments of Rs. 0.08 crore, purchase of mutual funds of Rs. 9.5 crore, proceeds from sale of mutual funds of Rs. 0 crore, purchase of debentures of Rs. 72.14 crore, proceeds from sale of debentures of Rs. 0 crore, investments in deposits of Rs. 477.38 crore, maturity of deposits of Rs. 200.58 crore, interest income received of Rs. 111.58 crore, dividend received of Rs. 0.2 crore and loans against insurance policies of Rs. 24.46 crore. Reported under net cash flow from financing activities: interest paid of Rs. 0 crore, repayment of borrowings of Rs. 0 crore and proceeds from issue of share capital of Rs. 88.8 crore.
CLI quarterly for Q4 2082/83
In the quarter Q4 2082/83, Citizen Life Insurance Company Limited reported net earned premiums of Rs. 303.4 crore, other income of Rs. 58.19 crore, total income of Rs. 361.59 crore, net benefits and claims paid of Rs. 303.6 crore, other expenses of Rs. 54.91 crore, total expenses of Rs. 358.52 crore, profit before tax of Rs. 3.08 crore and net profit for the year of Rs. 3.08 crore.
Reported under net earned premiums: gross earned premiums of Rs. 315.42 crore and premiums ceded of Rs. 12.02 crore. Reported under other income: other direct income of Rs. 0.52 crore, interest income on loan to policyholders of Rs. 3.94 crore, income from investments and loans of Rs. 53.7 crore and other income of Rs. 0.03 crore. Reported under net benefits and claims paid: gross benefits and claims paid of Rs. 60.07 crore, claims ceded of Rs. 13.44 crore, gross change in contract liabilities of Rs. 256.47 crore and change in contract liabilities ceded to reinsurers of Rs. 0.51 crore. Reported under other expenses: commission expenses of Rs. 29.14 crore, service fees of Rs. 2.28 crore, employee benefits expenses of Rs. 9.33 crore, depreciation and amortization expenses of Rs. 0.99 crore, impairment losses of Rs. 0.16 crore and other operating expenses of Rs. 13.34 crore.
CLI quarterly for Q3 2082/83
In the quarter Q3 2082/83, Citizen Life Insurance Company Limited reported net earned premiums of Rs. 205.43 crore, other income of Rs. 53.12 crore, total income of Rs. 258.55 crore, net benefits and claims paid of Rs. 201.71 crore, other expenses of Rs. 43.99 crore, total expenses of Rs. 245.7 crore, profit before tax of Rs. 12.85 crore and net profit for the year of Rs. 12.85 crore.
Reported under net earned premiums: gross earned premiums of Rs. 207.42 crore and premiums ceded of Rs. 1.99 crore. Reported under other income: other direct income of Rs. 0.58 crore, interest income on loan to policyholders of Rs. 3.66 crore, income from investments and loans of Rs. 48.86 crore and other income of Rs. 0.02 crore. Reported under net benefits and claims paid: gross benefits and claims paid of Rs. 45.9 crore, claims ceded of Rs. 11.54 crore, gross change in contract liabilities of Rs. 167.89 crore and change in contract liabilities ceded to reinsurers of Rs. 0.52 crore. Reported under other expenses: commission expenses of Rs. 18.19 crore, service fees of Rs. 1.54 crore, employee benefits expenses of Rs. 8.86 crore, depreciation and amortization expenses of Rs. 0.95 crore and other operating expenses of Rs. 14.44 crore.
CLI quarterly for Q2 2082/83
In the quarter Q2 2082/83, Citizen Life Insurance Company Limited reported net earned premiums of Rs. 176.24 crore, other income of Rs. 50.6 crore, total income of Rs. 226.84 crore, net benefits and claims paid of Rs. 174.04 crore, other expenses of Rs. 42.8 crore, total expenses of Rs. 216.84 crore, profit before tax of Rs. 10 crore and net profit for the year of Rs. 10 crore.
Reported under net earned premiums: gross earned premiums of Rs. 191.28 crore and premiums ceded of Rs. 15.05 crore. Reported under other income: other direct income of Rs. 0.58 crore, interest income on loan to policyholders of Rs. 3.53 crore, income from investments and loans of Rs. 46.49 crore and other income of Rs. 0 crore. Reported under net benefits and claims paid: gross benefits and claims paid of Rs. 40 crore, claims ceded of Rs. 4.96 crore, gross change in contract liabilities of Rs. 138.86 crore and change in contract liabilities ceded to reinsurers of Rs. 0.14 crore. Reported under other expenses: commission expenses of Rs. 17.81 crore, service fees of Rs. 1.32 crore, employee benefits expenses of Rs. 8.05 crore, depreciation and amortization expenses of Rs. 0.94 crore and other operating expenses of Rs. 14.67 crore.
CLI quarterly for Q1 2082/83
In the quarter Q1 2082/83, Citizen Life Insurance Company Limited reported net earned premiums of Rs. 212.64 crore, other income of Rs. 58.88 crore, total income of Rs. 271.52 crore, net benefits and claims paid of Rs. 211.92 crore, other expenses of Rs. 46.44 crore, total expenses of Rs. 258.37 crore, profit before tax of Rs. 13.15 crore and net profit for the year of Rs. 13.15 crore.
Reported under net earned premiums: gross earned premiums of Rs. 223.28 crore and premiums ceded of Rs. 10.65 crore. Reported under other income: other direct income of Rs. 0.45 crore, interest income on loan to policyholders of Rs. 3.53 crore, income from investments and loans of Rs. 54.9 crore and other income of Rs. 0 crore. Reported under net benefits and claims paid: gross benefits and claims paid of Rs. 48.01 crore, claims ceded of Rs. 6.52 crore, gross change in contract liabilities of Rs. 170.53 crore and change in contract liabilities ceded to reinsurers of Rs. 0.1 crore. Reported under other expenses: commission expenses of Rs. 20.25 crore, service fees of Rs. 1.59 crore, employee benefits expenses of Rs. 10.75 crore, depreciation and amortization expenses of Rs. 0.92 crore and other operating expenses of Rs. 12.93 crore.
CLI Profit & Loss
Values in Rs. Crore unless stated otherwise.
| Particulars | 2082/83 | 2081/82 | 2080/81 | 2079/80 | 2078/79 | 2077/78 |
|---|
| Net Earned Premiums | 898 | 713 | 584 | 548 | 501 | 342 |
|---|
| Gross Earned Premiums | 937 | 755 | 622 | 589 | 531 | 356 |
|---|
| Premiums Ceded | -39.7 | -41.6 | -37.4 | -41.1 | -30.1 | -14.0 |
|---|
| Other Income | 221 | 207 | 173 | 119 | 76.7 | 54.3 |
|---|
| Commission Income | Not reported | 4.3 | 3.3 | 5.2 | 1.8 | 1.9 |
|---|
| Other Direct Income | 2.1 | 2.1 | 1.7 | 1.6 | 1.1 | 0.00 |
|---|
| Interest Income on Loan to Policyholders | 14.7 | 11.1 | 8.6 | 5.2 | 2.8 | 0.00 |
|---|
| Income from Investments and Loans | 204 | 189 | 160 | 107 | 70.6 | 52.2 |
|---|
| Other Income | 0.05 | 0.19 | 0.16 | 0.13 | 0.41 | 0.15 |
|---|
| Total Income | 1,119 | 920 | 758 | 667 | 578 | 396 |
|---|
| Net Benefits and Claims Paid | -891 | -698 | -573 | -508 | -395 | -252 |
|---|
| Gross Benefits and Claims Paid | -194 | -191 | -183 | -190 | -129 | -58.4 |
|---|
| Claims Ceded | 36.5 | 31.3 | 30.6 | 26.8 | 11.7 | 5.9 |
|---|
| Gross Change in Contract Liabilities | -734 | -538 | -421 | -344 | -280 | -202 |
|---|
| Change in Contract Liabilities Ceded to Reinsurers | -0.03 | -0.22 | 0.25 | -0.24 | 1.3 | 2.3 |
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| Other Expenses | -188 | -167 | -147 | -148 | -168 | -134 |
|---|
| Commission Expenses | -85.4 | -72.5 | -64.6 | -71.9 | -82.7 | -62.9 |
|---|
| Service Fees | -6.7 | -5.3 | -4.4 | -4.5 | -5.0 | -3.4 |
|---|
| Employee Benefits Expenses | -37.0 | -37.4 | -32.8 | -26.8 | -23.6 | -19.4 |
|---|
| Depreciation and Amortization Expenses | -3.8 | -6.3 | -5.7 | -5.4 | -2.0 | -1.6 |
|---|
| Impairment Losses | Not reported | -0.08 | -0.02 | -0.05 | -0.13 | -0.03 |
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| Other Operating Expenses | -55.4 | -44.5 | -38.3 | -38.0 | -54.8 | -46.2 |
|---|
| Finance Cost | Not reported | -0.78 | -0.90 | -0.97 | -0.00 | -0.12 |
|---|
| Total Expenses | -1,079 | -865 | -719 | -655 | -563 | -386 |
|---|
| Profit Before Tax | 39.1 | 54.9 | 38.2 | 11.5 | 14.8 | 10.3 |
|---|
| Net Profit for the Year | 39.1 | 18.9 | 43.0 | 10.3 | 37.6 | 30.1 |
|---|
| Income Tax Expenses | Not reported | -36.0 | 4.8 | -1.2 | 22.8 | 19.8 |
|---|
CLI Balance Sheet
Values in Rs. Crore unless stated otherwise.
| Particulars | 2081/82 | 2080/81 | 2079/80 | 2078/79 | 2077/78 |
|---|
| Total Assets | 2,774 | 2,204 | 1,473 | 1,028 | 711 |
|---|
| Goodwill & Intangible Assets | 0.38 | 0.28 | 0.25 | 0.23 | 0.27 |
|---|
| Property and Equipment | 21.5 | 23.1 | 23.6 | 7.8 | 6.1 |
|---|
| Deferred Tax Assets | 29.5 | 67.8 | 63.6 | 65.2 | 41.8 |
|---|
| Investments | 2,404 | 1,908 | 1,213 | 846 | 527 |
|---|
| Loans | 105 | 81.1 | 63.5 | 39.1 | 30.7 |
|---|
| Reinsurance Assets | 0.04 | 0.26 | 0.01 | 0.25 | 6.6 |
|---|
| Current Tax Assets | 58.8 | 46.1 | 32.8 | 24.3 | 18.3 |
|---|
| Insurance Receivables | 3.6 | 3.3 | 4.7 | 0.00 | 0.00 |
|---|
| Other Assets | 70.8 | 1.0 | 3.6 | 2.0 | 16.5 |
|---|
| Other Financial Assets | 38.3 | 31.9 | 21.8 | 13.6 | 8.0 |
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| Cash and Cash Equivalent | 41.6 | 41.2 | 46.5 | 30.2 | 55.5 |
|---|
| Total Liabilities | 2,054 | 1,498 | 1,072 | 727 | 445 |
|---|
| Provisions | 3.6 | 2.9 | 2.3 | 1.8 | 2.7 |
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| Gross Insurance Contract Liabilities | 1,986 | 1,442 | 1,020 | 676 | 405 |
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| Insurance Payables | 2.1 | 0.22 | 0.92 | 9.6 | 6.7 |
|---|
| Other Liabilities | 20.9 | 25.4 | 23.0 | 12.1 | 10.1 |
|---|
| Other Financial Liabilities | 41.0 | 27.0 | 25.0 | 26.7 | 20.9 |
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| Total Equity | 720 | 706 | 401 | 302 | 266 |
|---|
| Share Capital | 500 | 394 | 263 | 175 | 175 |
|---|
| Share Premium | 45.0 | 151 | 1.3 | 0.00 | 0.00 |
|---|
| Catastrophe Reserves | 23.0 | 17.5 | 13.7 | 12.6 | 9.0 |
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| Retained Earnings | 115 | 72.2 | 58.0 | 47.7 | 39.4 |
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| Other Equity | 36.9 | 71.5 | 65.7 | 66.5 | 42.5 |
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CLI Cash Flow
Values in Rs. Crore unless stated otherwise.
| Particulars | 2081/82 | 2080/81 | 2079/80 | 2078/79 | 2077/78 |
|---|
| Opening Cash & Cash Equivalents | 41.2 | 46.5 | 30.2 | 55.5 | 30.2 |
|---|
| Net Cash Flow from Operating Activities | 321 | 281 | 227 | 230 | 144 |
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| Gross Premium Received | 755 | 622 | 589 | 531 | 353 |
|---|
| Commission / Reinsurance Commission Received | 4.3 | 3.3 | 5.2 | 2.9 | 1.9 |
|---|
| Claim Recovery Received from Reinsurers | 31.3 | 30.6 | 26.8 | 11.7 | 5.9 |
|---|
| Other Direct Income Received | 2.1 | 1.7 | 1.6 | 0.00 | 0.00 |
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| Gross Benefits and Claims Paid | -191 | -183 | -190 | -129 | -58.4 |
|---|
| Reinsurance Premium Paid | -41.6 | -37.4 | -41.1 | -28.7 | -7.4 |
|---|
| Commission Paid | -72.5 | -64.6 | -71.9 | -77.4 | -61.3 |
|---|
| Service Fees Paid | -5.3 | -4.4 | -4.5 | -3.5 | -2.0 |
|---|
| Employee Benefits Expenses Paid | -37.4 | -32.8 | -26.8 | -22.8 | -18.2 |
|---|
| Other Expenses Paid | -45.7 | -39.4 | -39.0 | -54.7 | -69.5 |
|---|
| Income Tax Paid | Not reported | 0.00 | 0.00 | 0.00 | -0.03 |
|---|
| Net Cash Flow from Investing Activities | -315 | -547 | -300 | -256 | -118 |
|---|
| Acquisitions of Intangible Assets | -0.16 | -0.09 | -0.07 | -0.00 | 0.00 |
|---|
| Acquisitions of Property and Equipment | -4.6 | -5.2 | -21.4 | -3.8 | -1.2 |
|---|
| Purchase of Equity Instruments | -170 | -36.2 | -7.6 | 0.00 | 0.00 |
|---|
| Proceeds from Sale of Equity Instruments | 53.0 | 0.00 | 0.08 | 7.6 | 9.6 |
|---|
| Purchase of Mutual Funds | -30.1 | -8.9 | -9.5 | 0.00 | 0.00 |
|---|
| Proceeds from Sale of Mutual Funds | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Purchase of Debentures | -51.9 | -102 | -72.1 | -125 | -71.0 |
|---|
| Proceeds from Sale of Debentures | 1.1 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Investments in Deposits | -567 | -651 | -477 | -423 | -170 |
|---|
| Maturity of Deposits | 277 | 105 | 201 | 228 | 85.9 |
|---|
| Interest Income Received | 199 | 168 | 112 | 67.4 | 45.4 |
|---|
| Dividend Received | 1.6 | 0.20 | 0.20 | 0.31 | 0.02 |
|---|
| Loans Against Insurance Policies | -23.9 | -17.6 | -24.5 | -8.5 | -17.1 |
|---|
| Net Cash Flow from Financing Activities | -6.0 | 261 | 88.8 | 0.00 | -0.26 |
|---|
| Interest Paid | Not reported | 0.00 | 0.00 | 0.00 | -0.12 |
|---|
| Repayment of Borrowings | Not reported | 0.00 | 0.00 | 0.00 | -0.15 |
|---|
| Proceeds from Issue of Share Capital | Not reported | 266 | 88.8 | 0.00 | 0.00 |
|---|
| Net Change in Cash | 0.40 | -5.3 | 16.3 | -25.3 | 25.3 |
|---|
| Closing Cash & Cash Equivalents | 41.6 | 41.2 | 46.5 | 30.2 | 55.5 |
|---|
CLI Quarterly Results
Values in Rs. Crore unless stated otherwise.
| Particulars | Q4 2082/83 | Q3 2082/83 | Q2 2082/83 | Q1 2082/83 | Q4 2081/82 | Q3 2081/82 | Q2 2081/82 | Q1 2081/82 | Q4 2080/81 |
|---|
| Net Earned Premiums | 303 | 205 | 176 | 213 | 232 | 163 | 153 | 165 | 175 |
|---|
| Gross Earned Premiums | 315 | 207 | 191 | 223 | 247 | 170 | 164 | 175 | 187 |
|---|
| Premiums Ceded | -12.0 | -2.0 | -15.0 | -10.6 | -15.0 | -6.4 | -10.6 | -9.6 | -12.1 |
|---|
| Other Income | 58.2 | 53.1 | 50.6 | 58.9 | 56.3 | 49.5 | 50.1 | 50.7 | 35.6 |
|---|
| Commission Income | Not reported | Not reported | Not reported | Not reported | 4.2 | Not reported | Not reported | Not reported | 5.2 |
|---|
| Other Direct Income | 0.52 | 0.58 | 0.58 | 0.45 | 0.65 | 0.50 | 0.41 | 0.49 | 0.18 |
|---|
| Interest Income on Loan to Policyholders | 3.9 | 3.7 | 3.5 | 3.5 | 3.8 | 2.6 | 2.1 | 2.7 | 1.9 |
|---|
| Income from Investments and Loans | 53.7 | 48.9 | 46.5 | 54.9 | 47.6 | 46.3 | 47.6 | 47.5 | 28.1 |
|---|
| Other Income | 0.03 | 0.02 | 0.00 | 0.00 | 0.04 | 0.06 | 0.04 | 0.06 | 0.13 |
|---|
| Total Income | 362 | 259 | 227 | 272 | 288 | 213 | 203 | 216 | 211 |
|---|
| Net Benefits and Claims Paid | -304 | -202 | -174 | -212 | -226 | -164 | -158 | -164 | -166 |
|---|
| Gross Benefits and Claims Paid | -60.1 | -45.9 | -40.0 | -48.0 | -52.6 | -50.6 | -42.9 | -45.0 | -57.0 |
|---|
| Claims Ceded | 13.4 | 11.5 | 5.0 | 6.5 | 8.8 | 8.3 | 7.3 | 6.5 | 7.3 |
|---|
| Gross Change in Contract Liabilities | -256 | -168 | -139 | -171 | -182 | -121 | -123 | -126 | -116 |
|---|
| Change in Contract Liabilities Ceded to Reinsurers | -0.51 | 0.52 | -0.14 | 0.10 | -0.19 | -0.53 | 0.50 | 0.01 | -0.98 |
|---|
| Other Expenses | -54.9 | -44.0 | -42.8 | -46.4 | -54.7 | -36.8 | -35.4 | -38.6 | -48.0 |
|---|
| Commission Expenses | -29.1 | -18.2 | -17.8 | -20.3 | -24.7 | -16.0 | -15.2 | -16.7 | -22.3 |
|---|
| Service Fees | -2.3 | -1.5 | -1.3 | -1.6 | -1.7 | -1.2 | -1.1 | -1.2 | -1.3 |
|---|
| Employee Benefits Expenses | -9.3 | -8.9 | -8.1 | -10.7 | -10.0 | -8.0 | -7.8 | -10.2 | -8.9 |
|---|
| Depreciation and Amortization Expenses | -0.99 | -0.95 | -0.94 | -0.92 | -3.6 | -0.90 | -0.90 | -0.87 | -3.2 |
|---|
| Impairment Losses | 0.16 | Not reported | Not reported | Not reported | -0.08 | Not reported | Not reported | Not reported | 0.32 |
|---|
| Other Operating Expenses | -13.3 | -14.4 | -14.7 | -12.9 | -13.8 | -10.6 | -10.4 | -9.6 | -11.6 |
|---|
| Finance Cost | Not reported | Not reported | Not reported | Not reported | -0.78 | Not reported | Not reported | Not reported | -0.97 |
|---|
| Total Expenses | -359 | -246 | -217 | -258 | -281 | -200 | -193 | -203 | -214 |
|---|
| Profit Before Tax | 3.1 | 12.9 | 10.0 | 13.1 | 6.7 | 12.7 | 10.0 | 13.1 | -3.5 |
|---|
| Net Profit for the Year | 3.1 | 12.9 | 10.0 | 13.1 | 6.7 | 12.7 | 10.0 | 13.1 | -4.8 |
|---|
| Income Tax Expenses | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported | -1.2 |
|---|
Citizen Life Insurance share price history
Over the last 15 trading sessions CLI closed between Rs. 411.00 and Rs. 440.20, finishing at Rs. 440.20 on 2026-09-22 against Rs. 419.00 on 2026-08-26.
| Date | Open | High | Low | Close | Volume |
|---|
| 2026-09-22 | 439.00 | 444.20 | 435.00 | 440.20 | 25,764 |
|---|
| 2026-09-18 | 427.00 | 443.00 | 427.00 | 439.90 | 22,667 |
|---|
| 2026-09-17 | 428.00 | 435.40 | 428.00 | 433.00 | 12,932 |
|---|
| 2026-09-16 | 440.00 | 440.50 | 414.20 | 428.10 | 13,628 |
|---|
| 2026-09-15 | 446.00 | 446.00 | 431.00 | 436.50 | 16,589 |
|---|
| 2026-09-14 | 412.00 | 425.00 | 412.00 | 425.00 | 23,906 |
|---|
| 2026-09-11 | 412.00 | 419.90 | 410.00 | 415.00 | 15,310 |
|---|
| 2026-09-10 | 413.50 | 413.50 | 410.10 | 411.00 | 15,595 |
|---|
| 2026-09-09 | 414.00 | 419.00 | 413.00 | 413.00 | 12,524 |
|---|
| 2026-09-07 | 412.00 | 417.90 | 412.00 | 413.10 | 11,366 |
|---|
| 2026-09-03 | 412.10 | 416.00 | 411.30 | 415.00 | 5,103 |
|---|
| 2026-09-02 | 415.00 | 419.90 | 411.10 | 412.20 | 8,136 |
|---|
| 2026-09-01 | 412.00 | 419.90 | 410.20 | 419.00 | 7,586 |
|---|
| 2026-08-31 | 415.00 | 417.00 | 412.30 | 412.30 | 6,700 |
|---|
| 2026-08-26 | 425.00 | 425.00 | 416.10 | 419.00 | 10,136 |
|---|
CLI share price by year
2026, between Rs. 410.00 and Rs. 511.00, 2025, between Rs. 411.00 and Rs. 610.23, 2024, between Rs. 329.57 and Rs. 575.66 and 2023, between Rs. 281.25 and Rs. 425.25.
| Year | Low (Rs.) | High (Rs.) | Sessions |
|---|
| 2026 | 410.00 | 511.00 | 168 |
|---|
| 2025 | 411.00 | 610.23 | 225 |
|---|
| 2024 | 329.57 | 575.66 | 230 |
|---|
| 2023 | 281.25 | 425.25 | 51 |
|---|
Citizen Life Insurance share price returns
At Rs. 440.20 on 2026-09-22, CLI is up 0.85% over 1 week, up 2.37% over 1 month, down 1.68% over 3 months, down 10.35% over 6 months and down 0.88% over 1 year. Each return compares that close with the last close on or before the same date in the earlier period.
| Period | Return | From price (Rs.) | From date |
|---|
| 1 week | +0.85% | 436.50 | 2026-09-15 |
|---|
| 1 month | +2.37% | 430.00 | 2026-08-21 |
|---|
| 3 months | -1.68% | 447.70 | 2026-06-24 |
|---|
| 6 months | -10.35% | 491.00 | 2026-03-26 |
|---|
| 1 year | -0.88% | 444.12 | 2025-09-21 |
|---|
CLI floorsheet for 2026-09-22
CLI traded 282 times on 2026-09-22, moving 25,725 shares for Rs. 1.14 crore of turnover. Trades went through between Rs. 426.80 and Rs. 444.20.
Largest buyers by volume: broker 45, Imperial Securities Co. Limited on 5,503 shares across 51 trades, broker 58, Naasa Securities Co. Ltd. on 3,886 shares across 57 trades, broker 69, Index Securities Limited on 2,473 shares across 24 trades, broker 6, Agrawal Securities Pvt. Limited on 2,250 shares across 10 trades, broker 96, Himalayan Securities Limited on 2,000 shares across 9 trades, broker 39, Sumeru Securities Pvt.Limited on 1,646 shares across 5 trades, broker 35, Kohinoor Investment and Securities Pvt.Ltd on 1,430 shares across 12 trades, broker 57, Arya Tara Investment And Securities Pvt. Ltd. on 1,327 shares across 9 trades, broker 26, Asian Securities Pvt. Limited on 1,200 shares across 22 trades and broker 16, Primo Securities Pvt. Limited on 795 shares across 9 trades.
Largest sellers by volume: broker 57, Arya Tara Investment And Securities Pvt. Ltd. on 6,884 shares across 27 trades, broker 42, Sani Securities Company Limited on 5,680 shares across 33 trades, broker 35, Kohinoor Investment and Securities Pvt.Ltd on 2,585 shares across 13 trades, broker 58, Naasa Securities Co. Ltd. on 2,230 shares across 35 trades, broker 48, Trishakti Securities Public Limited on 1,116 shares across 10 trades, broker 3, Arun Securities Pvt. Limited on 797 shares across 2 trades, broker 45, Imperial Securities Co. Limited on 725 shares across 11 trades, broker 49, Online Securities Limited on 722 shares across 20 trades, broker 39, Sumeru Securities Pvt.Limited on 685 shares across 4 trades and broker 43, South Asian Bulls Pvt.Limited on 560 shares across 5 trades.
CLI dividend history: bonus shares and cash dividend
Citizen Life Insurance Company Limited most recently declared a 20% cash dividend for 2081/2082, announced on 2025-12-12. Percentages are of paid up value. Declared, not necessarily paid: a dividend is subject to the annual general meeting approving it.
| Financial year | Bonus share | Cash dividend | Announced |
|---|
| 2081/2082 | | 20% | 2025-12-12 |
| 2080/2081 | 26.9841% | | 2025-03-02 |
| 2079/2080 | 5% | | 2024-01-05 |
For 2081/2082 Citizen Life Insurance Company Limited declared a 20% cash dividend, announced on 2025-12-12.
For 2080/2081 Citizen Life Insurance Company Limited declared a 26.9841% bonus share issue, announced on 2025-03-02.
For 2079/2080 Citizen Life Insurance Company Limited declared a 5% bonus share issue, announced on 2024-01-05.
CLI general meetings
Annual and special general meetings Citizen Life Insurance Company Limited has called. A dividend is declared by the board and approved at the AGM.
- 9th AGM for 2081/2082: on 2026-01-02, at Amrapali Banquet, Bhatbhateni, Naxal, Kathmandu (9:30 AM)
- 8th AGM for 2080/2081: on 2025-03-28, at Amrapali Banquet, Bhatbhateni, Naxal, Kathmandu (11:00 AM)
- 7th AGM for 2079/2080: on 2024-01-28, at Amrapali Banquet, Bhatbhateni, Naxal, Kathmandu (11:00 AM)
6 years of annual statements and 9 quarters of results for CLI, with charts and peer comparison, are free on NepView.
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