Citizen Life Insurance Company Limited (CLICL) is one of the aspiring life insurance companies in Nepal. CLICL was incorporated on June 26, 2007 (Asad 12, 2064), and along with new entrants in 2017, Insurance Regulatory Authority of Nepal ‘Beema Samiti’ awarded the operating license on August 23, 2017 (Bhadra 07, 2074) and commenced operations on October 19, 2017 (Kartik 02, 2074). CLICL is a 70:30 public limited company, promoted by Shikhar Insurance Company, Kantipur Media Group, Aviation Indu