Neco Insurance Limited is a trusted and established general insurance company in Nepal. Founded on December 16, 1994, and registered under the Companies Act, Neco Insurance began its operations on May 30, 1996, after receiving a license from Insurance Board of Nepal (Now Nepal Insurance Authority). The company’s head office is located in Gyaneshwor, Kathmandu,…
National Insurance Company Limited (NICL) is a leading public sector non-life insurance provider in India, established in 1906 and headquartered in Kolkata. National Insurance has been a trusted name in Nepal since 1959, initially operating under Rubi General Insurance & Hindustan General Insurance. After nationalization in India, NICL officially registered with Beema Samiti in 1974…
IGI Prudential Insurance Limited, formed from the merger of IME General Insurance Limited and Prudential Insurance Company Ltd, commenced operations on May 10, 2023. At the time, it was the fastest to finish the merger process among the companies in insurance industry of Nepal. With a paid-up capital of NPR 3029.33 million, it held the…
Himalayan Everest Insurance Limited, with over 30 years of expertise, is a prominent general insurance provider in Nepal. In 2022, Himalayan General Insurance merged with Everest Insurance, marking the country’s first-ever insurance industry merger. This strategic unification has bolstered their market presence, risk capacity, and product offerings, making them a leader in the sector. The…
Himalayan Reinsurance Limited is the second reinsurance company in Nepal, providing support to Life and General Insurance companies domestically and internationally. Shortly, it is known as Himalayan Re. It got established on 6th June 2021 under the Companies Act 2063 with headquarter in Kathmandu. It received its reinsurance license from Nepal Insurance Authority (then Insurance…
Nepal Re-Insurance Company Limited, the first of its kind in Nepal, traces its origins to an insurance pool created in 2003 to address property damage caused by the Maoist insurgency. During this tumultuous period, foreign reinsurance companies were reluctant to provide coverage, leading non-life insurance companies in Nepal to form a domestic insurance pool to…
SuryaJyoti Life Insurance Company Limited, formed through the historic merger of Surya Life Insurance Co. Ltd. and Jyoti Life Insurance Co. Ltd., stands as a powerhouse in Nepal’s insurance sector. Since December 2022, the company has seamlessly integrated the strengths of both entities, solidifying its position as a leader in terms of capital base, investments,…
Sun Nepal Life Insurance Company Limited (SNLIC) has quickly established itself as a trusted leader in Nepal’s life insurance sector since its inception in 2017. With a steadfast dedication to safeguarding the financial security of individuals and families, SNLIC offers a wide range of life insurance solutions tailored to meet diverse client needs. Driven by…
Sanima Reliance Life Insurance Limited, a trusted name in Nepal’s insurance landscape, embodies the essence of Nepali pride and resilience. Born from the merger of Sanima Life Insurance and Reliance Life Insurance, the company began its unified journey in March 2023, combining over five years of individual success stories. Just as Nepal is defined by…
Reliable Nepal Life Insurance Limited (RNLIL) is a premier insurance provider in Nepal, approved by the Insurance Authority and the Government of Nepal to conduct life insurance business in Nepal. Founded on Mangsir 08, 2064 B.S. and operational since Bhadra 15, 2074 B.S., RNLIL has become a trusted name in the insurance industry. Backed by…
