United Ajod Insurance Limited is a non-life insurance provider in Nepal, born from the merger of Ajod Insurance Limited and United Insurance Company (Nepal) Limited. Officially commencing jointly operations on May 28, 2023, the company is striving to position itself as a reliable and innovative insurance partner. With an authorized share capital of Rs. 3…
The Oriental Insurance Company Limited has been a prominent player in Nepal’s insurance market since 1956, operating as an extension of its Indian parent company, a well-established public sector general insurer under the Ministry of Finance in India. Initially starting as a branch office in Kathmandu, the company quickly expanded its reach by setting up…
Headquartered in Babarmahal of Kathmandu, Siddhartha Premier Insurance Limited is a trusted name in non-life insurance, formed from the merger of Siddhartha Insurance Limited and Premier Insurance Co. (Nepal) Limited. Siddhartha Insurance was established on April 14, 2006 while Premier Insurance was established even earlier in May 12, 1994. This brings together over 30 years…
Established around two decades ago, Shikhar Insurance Company Limited has quickly ascended to prominence in Nepal’s insurance industry. Officially incorporated as a Public Limited Company on Jestha 25, 2061 B.S., and commencing operations on Mangsir 2, 2061 B.S., Shikhar Insurance stands as the 15th non-life insurance company in Nepal. The company’s capital structure includes an…
Sanima GIC Insurance Limited, established through the merger of Sanima General Insurance Limited and General Insurance Company Nepal Limited, began its consolidated operations on October 24, 2022. This newly formed entity boasts over 400 staff members and more than 50 branches across Nepal, aiming to enhance its services and fulfill stakeholder expectations. The company places…
SALICO, or elaborately known as Sagarmatha Lumbini Insurance Company Limited, is the result of the merger between Sagarmatha Insurance Company and Lumbini General Insurance Company. After merger, they started joint operation from Falgun 29, 2079 B.S. It is now a leading name in Nepal’s non-life insurance sector. With an extensive network of over 100 branches…
Rastriya Beema Company Limited (RBCL), a non-life insurance provider in Nepal, was established by the Government of Nepal on Jestha 28, 2071 BS, after separating it from Rastriya Beema Sansthan. It was separated to solely run the business of non-life insurance, in line with Insurance Act. With over 55 years of experience, company has been…
Founded in 2053 B.S. by prominent industrial and business houses in Nepal, Prabhu Insurance Limited has grown into one of the country’s premier non-life insurance providers. With major shareholdings by Prabhu Group and the Employees’ Provident Fund, the company boasts a paid-up capital exceeding Rs. 1.37 billion. Prabhu Insurance operates through its network of branches…
NLG Insurance Company Limited, a prominent part of National Life and General Insurance (NLGI), was established in 2005 following the separation of its general insurance business in compliance with Nepal’s Insurance Act. Originally incorporated in 1988, NLGI has over three decades of experience in the insurance industry. NLG Insurance is renowned for its prompt claims…
Nepal Insurance Company Limited, established in 1947 as “Nepal Malchalani Tatha Beema Company,” has evolved significantly over the decades. Renamed “Nepal Insurance & Transport Company Limited” in 1959 and finally adopting its current name in 1991, this company holds the distinction of being Nepal’s first insurance provider. Incorporated in 1994 under the Company Act 2021…
