Rastriya Jeewan Beema Company Limited was established as a private company on Poush 1, 2024, with the decision of the Government of Nepal to mobilize internal resources and capital for the country’s economic development, prevent the outflow of foreign currency, and establish a professionally skilled insurance company. It transitioned into an institution under the Rastriya…
Prabhu Mahalaxmi Life Insurance Limited is a dynamic force in Nepal’s life insurance sector, emerging from the strategic merger of Prabhu Life Insurance and Mahalaxmi Life Insurance. This union combines the strengths and expertise of two established companies, setting a new standard of excellence in the industry. The company is committed to delivering comprehensive and…
Nepal Life Insurance Company Limited, established on May 4, 2001, under the Company Act 2053 and Insurance Act 2049, is a trailblazer in the life insurance industry of Nepal. Founded by prominent business figures, Nepal Life has demonstrated robust financial performance and exceptional service for over two decades. What sets Nepal Life apart is its…
National Life Insurance Company Limited, formerly known as National Life & General Insurance Co. Ltd., was established in 1988 under the Nepal Company Act 1964 and the Insurance Act 1968. For over three decades, the company has built a strong reputation for delivering top-notch customer service and meeting the growing insurance needs of Nepal. National…
MetLife Nepal, also known as American Life Insurance Company (ALICO), is a branch of MetLife, Inc. It has been providing insurance services in Nepal since December 5, 2001. As the first foreign company to receive an insurance license in the country, MetLife Nepal has established itself as a leading provider of Life Insurance, Accident &…
Life Insurance Corporation (Nepal) Limited (LIC Nepal) stands as a robust entity in Nepal’s insurance landscape, blending global expertise with local insight since its inception in 2000. Founded through a partnership between Life Insurance Corporation of India and Vishal Group, it currently operates with share structure of 55% ownership from LIC India, 15% from Vishal…
IME Life Insurance Company Limited, established on October 1, 2008, began its operations on August 17, 2017. The company provides various individual and group insurance solutions focused on protection, savings, and investment. With an authorized capital of NPR 5 billion and a paid-up capital of NPR 4 billion, the company’s promoters have invested 70% (NPR…
Crest Micro Life Insurance Limited is a new player in Nepal’s life insurance sector, dedicated to providing reliable and affordable insurance solutions to families and individuals across the country. It’s headquarter lies in Birendranagar of Surkhet district. The company offers a variety of insurance products, including traditional life insurance, health insurance, and accident insurance, tailored…
Guardian Micro Life Insurance Limited is a newly launched life insurance provider in Nepal, dedicated to offering affordable and reliable insurance solutions to families nationwide. It’s headquarter lies in Biratnagar of Morang District. The company provides various insurance products designed to cater to different needs and budgets, with personalized guidance from experienced professionals. Guardian Micro…
Liberty Micro Life Insurance Company Limited, based in New Road, Pokhara – 08, Kaski of Gandaki Province, was established on January 1, 2023. The company received its operating license from the Nepal Insurance Authority, the nation’s insurance regulatory body, on August 18, 2023. The company is backed by prominent figures from the banking sector, manufacturing…
