Surya Life Insurance Company Ltd. has been established and registered under Company Act 2063 B.S.(Regd. No. 1006/063-64) and Insurance Act 2049 as a Public Limited Company and was issued a license to operate Life Insurance Business on 2064/12/06(19th March'08)
Asian Life Insurance Company has got operating license as per Insurance Act 2049 from BeemaSamiti (Insurance Regulatory Authority of Nepal)on 27th February,2008 (Falgun 15, 2064) and started functioning on 3rd April, 2008 (Chaitra 21, 2064).
NLG Insurance Company Limited is a part of National Life and General Insurance(NLGI) incorporated in 1988 to conduct Life as well as General business, as composite insurance company.
Lumbini General Insurance was incorporated in 2005 (2062 BS) by prominent Businessmen, Industrialists, Commercial Banks, Financial Organizations and First Ex-Governor Himalaya SJB Rana as Founder Chairman.
Lumbini General Insurance Company Ltd. (LGIC) have jointly promoted by Prominent Bankers, Entrepreneurs, Automobile Dealers, Hydro-Power Developers, Industrialists, Finance Institutions & Commercial Banks, and well experienced staff members in the insurance industry for more than three decades.
Nepal Insurance Company Limited, a pioneer non life insurance company of Nepal was established on 1947 A.D. by Nepal Bank Limited (the first commercial Bank) and general public with 51% and 49% shares respectively.
To remain trusted and reliable as a pioneer leading insurance company of Nepal by providing diversified insurance products committed to the highest ethical and professional standards evidenced by its quality of service to customers and maximizing shareholder's value with the experienced, trained and highly motivated employees along with the large pool of insurance agents and customers, with continued investment in information technology to increase efficiency and effectiveness to expand its name from domestic to international arena.
IME General Insurance Limited is established as General Insurance Company promoted by a team of reputed industrialist and Business Houses involved in various fields like Banking, Trading, and Hydropower etc. For nearly 15 years, IME General Insurance has helped individual and institutional customers to grow and protect their wealth.
Beema Samiti (Insurance Board) an autonomous body, established to develop,systemize,regularize and regulate the insurance business of Nepal under Insurance Act, 1992.
Reliance Life Insurance Limited is promoted by Siddhartha Bank Limited and other renowned Business Houses. It’s Issued Capital is NPR 2.10 billion and Paid up Capital is NPR 1.47 billion. The gap of NPR 63 Crores will be met by public issue (IPO) in due course of time. This is one of the new life insurance companies in Nepal and started its operation from 1st of Mangsir, 2074 (17th November 2017).
NepalLife, established under the Company Act 2053 and Insurance Act 2049 as a public limited company on 2058/01/21 (04/05/2001). NepalLife is the foremost life insurance company established by private investors. The promoters of the company are a group of well known businessmen and business houses of Nepal. Within the sixteen years of operation the Company has set up an excellent business record and has a strong financial position.
National Life Insurance Company Limited (formerly known as National life & General Insurance Co.Ltd.) was incorporated in 1988 A.D. under Nepal Company Act 1964 and the insurance Act 1968 of Nepal with prime objective to meet growing insurance requirements of the country.
For more than two decades, National Life has built reputation as a company that believes in highest level of customer’s service. The company’s well known name and good reputation are reinforced by our commitment to deliver value and service to all who do business with us.
Prabhu Life Insurance Ltd. (former Star Life Insurance Co. Ltd.) has been serving it’s valued customers since 2074 Mangsir 28 (December 14, 2017) by providing various life insurance products and services through its networks across Nepal. It belongs to the Prabhu Group of Companies, a renowned business group in the nation. This eminent group has diversified its wide ranges of amenities through various customer service platforms that have been touching the Nepalese lives every day in various aspects. This life insurance company has been majorly promoted by Prabhu Bank Ltd. – a well trusted financial brand in the country.
Premier Insurance Company (Nepal) Limited has emerged as a renowned general insurance company of the second generation. The company has earned a reputation in the local and international insurance and reinsurance sectors as well for its professionalism and services.