Mahalaxmi Life Insurance Ltd. was a prominent life insurance provider in Nepal, established to offer reliable and accessible insurance solutions to the Nepali population. With a mission often summarized as "Insurance in every home, Life security for all," the company focused on expanding financial security across the nation through various products like endowment plans, term life policies, and money-back plans. In July 2023, Mahalaxmi Life Insurance Ltd. completed a significant merger with Prabhu Life Insurance Ltd. to form a new, larger entity named "Prabhu Mahalaxmi Life Insurance Limited," aiming to enhance its capital base, market share, and service delivery.

Founded in

Nepal