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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. As of November 2023, a total of 35 insurance companies are offering Life, Non-Life (General), Micro and Re-insurance services. Life Insurance Companies As of November 2023, 14 life insurance companies are in operation in Nepal: S.N Life Insurance ...
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The Nepal Stock Exchange (NEPSE) is the only stock exchange of Nepal. As of August 2024, [update] the Market Capitalization of the companies listed on NEPSE totaled रू 500,475.6 crore (US$36 billion). [ 3 ]
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]..
Sanima Bank started its operation in 2004 as a National Level Development Bank. Sanima was licensed to operate by the Nepal Rastra Bank to function as an "A" Class Commercial Bank in 2012. Sanima has 106 full-fledged branches and 28 extension counters within and outside the Kathmandu Valley .
Nepal Reinsurance Company (Nepal Re) is Nepal's first reinsurance company [3] which was successor of the insurance pool that was set up in 2003 with the aim to cover the losses arising from situations like riot,sabotage or terrorism and malacious damage (RSTMD) during the Insurgency. [4]
Laxmi Bank is a Category ‘A’ Financial Institution and re-registered in 2006 under the Banks and Financial Institutions Act of Nepal. The Bank’s shares are listed and actively traded in the Nepal Stock Exchange. [6] The bank also promoted a life insurance company known as Prime Life Insurance in 2007 [7] and holds 15% shareholding stake ...
Grand Bank Nepal 2016 Acquired by Prabhu Bank [7] Janata Bank: 2019 Merged with Global IME Bank [8] KIST Bank 2014 Merged with Prabhu Bikas Bank [9] Lumbini Bank 2016 Merged with Bank of Kathmandu [10] Mega Bank Nepal: 2023 Merged with Nepal Investment Bank and renamed as Nepal Investment Mega Bank [11] Nepal Bangladesh Bank: 2022 Acquired by ...