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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.
Crop insurance is insurance purchased by agricultural producers and subsidized by a country's government to protect against either the loss of their crops due to natural disasters, such as hail, drought, and floods ("crop-yield insurance"), or the loss of revenue due to declines in the prices of agricultural commodities ("crop-revenue insurance").
Index-based insurance, also known as index-linked insurance, weather-index insurance or, simply, index insurance, is primarily used in agriculture. Because of the high cost of assessing losses, traditional insurance based on paying indemnities for actual losses incurred is usually not viable, particularly for smallholders in developing countries .
Nepal has more than 50% of people engaged in agriculture. Food grains contributed 76 percent of total crop production in 1988–89. In 1989-90 despite poor weather conditions and a lack of agricultural inputs, particularly fertilizer, there was a production increase of 5 percent.
Pages in category "Insurance companies of Nepal" The following 4 pages are in this category, out of 4 total. This list may not reflect recent changes. ...
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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Pages in category "Insurance in Nepal" The following 2 pages are in this category, out of 2 total. This list may not reflect recent changes. M. MetLife Nepal; N.