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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 ...
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 ...
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]
National Insurance Company Ltd (NIC) is one of the public sector insurance companies of India. It transacts a non-life insurance business. Headquartered in Kolkata, NIC's network of about 2000 offices is spread over the country. NIC's foreign operations are carried out from its branch offices in Nepal.
Chaudhary Group (CG Corp Global) is a multi-national conglomerate headquartered in Nepal.Its businesses include financial services, consumer goods, education, hospitality, energy, consumer electronics, real estate, biotech, and alternative medicine.
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As of August 2024, 244 companies are listed on the exchange, from different Industry Sectors like BFIs, Hydro-Power, Manufacturing, Life and Non-Life Insurance, Hotels and Tourism, etc. [5] The Exchange has 92 registered brokers as of September 2024. [6] The scripts are categorized on 16 sectors on NEPSE as follows. [7] Preference Share