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Insurance companies in Nepal are regulated by Nepal Beema Pradhikaran (Nepal Insurance Authority), an arm of Nepal Government's Ministry of Finance. [1] As of November 2023, a total of 35 insurance companies are offering Life, Non-Life (General), Micro and Re-insurance services.
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Rastriya Jeevan Beema Company Limited is the first life insurance company in Nepal which was established as its previous Name Rastriya Beema Sansthan. [2] Established by the Government of Nepal. [3] They are operating in Nepal through 23 branches [4] located at various part of nepal [5]..
American Life Insurance Company Limited MetLife Nepal is a life insurance company in Nepal established in 2001. As of 16 July 2019, they have total source of NRS 18,633,007,259. [2] They started Insurance service in Nepal since 5 December 2001 and till now they have more than 8000 agents and 35 branches. [3]
Insurance business was started in Nepal by Nepal Bank's Maal Chalani Tatha Beema Company (translating to Transport and Insurance company) in 2004 B.S. Until 2026 B.S., the insurance business in Nepal was regulated by Nepal Government's Insurance Act, 1968 A.D. Feeling a need for effective regulation and control of insurance business, Nepal Government took steps to establish a dedicated ...
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Location of Nepal. Nepal is a landlocked central Himalayan country in South Asia.It has a population of 26.4 million and is the 93rd largest country by area. [1] [2] Kathmandu is the nation's capital and largest city.
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