In this article, we’ll provide you with a comprehensive list of insurance companies in Nepal to make the process easier.
Nepal has 19 Life Insurance Companies, 20 Non-Life Insurance Companies, and 2 reinsurance Companies.
According to Rastriya Beema Sansthan, the paid-up capital of life insurance companies is Rs 5 billion, while the paid-up capital of non-life insurance companies is Rs 2.5 billion.
The fact that life insurance companies in Nepal have a paid-up capital of Rs 5 billion and non-life insurance companies have a paid-up capital of Rs 2.5 billion is a positive sign for policyholders.
It suggests that these companies have a strong financial foundation and are well-positioned to provide insurance coverage and pay claims in the event of an unexpected event or loss.
List of Life Insurance Companies in Nepal
| S.N. | Life insurance Companies in Nepal | Symbol | Website |
|---|---|---|---|
| 1 | American Life Insurance Company Limited (MetLife) | MALIC | https://www.metlife.com.np |
| 2 | Asian Life Insurance Company Limited | ALICL | https://www.asianlife.com.np |
| 3 | Citizen Life Insurance Company Limited | CLICL | https://www.citizenlifenepal.com |
| 4 | Gurans Life Insurance Company Limited | GLICL | https://www.guranslife.com |
| 5 | IME Life Insurance Company Limited | IMELICL | https://www.imelifeinsurance.com |
| 6 | Jyoti Life Insurance Company Limited | JLI | https://www.jyotilife.com |
| 7 | Life Insurance Corporation (Nepal) Limited | LICN | https://www.licnepal.com.np |
| 8 | Mahalaxmi Life Insurance Company Limited | MLIL | https://www.mahalaxmilife.com |
| 9 | National Life Insurance Company Limited | NLICL | https://www.nationallife.com.np |
| 10 | Nepal Life Insurance Company Limited | NLIC | https://www.nepallife.com.np |
| 11 | Prabhu Life Insurance Company Limited | PLI | https://www.prabhulife.com |
| 12 | Prime Life Insurance Company Limited | PLIC | https://www.primelifenepal.com |
| 13 | Rastriya Beema Sansthan | RBS | https://www.beema.com.np |
| 14 | Reliable Nepal Life Insurance Limited | RLI | https://reliablelife.com.np |
| 15 | Reliance Life Insurance Limited | RLI | https://www.relifeinsurance.com |
| 16 | Sanima Life Insurance Company Limited | SLI | https://www.sanimalife.com |
| 17 | Sun Nepal Life Insurance Company Limited | SNLICL | https://www.sunlife.com.np |
| 18 | Surya Life Insurance Company Limited | SLICL | https://www.suryalife.com |
| 19 | Union Life Insurance Company Limited | ULI | https://www.unionlife.com.np |
List of Non-Life Insurance Companies in Nepal
| SN | Non-Life Insurance Companies in Nepal | Symbol | Website |
|---|---|---|---|
| 1 | Ajod Insurance Company Limited | AIL | https://www.ajodinsurance.com |
| 2 | Everest Insurance Company Limited | EIC | https://www.everestinsurance.com |
| 3 | General Insurance Company Nepal Limited | GIC | https://www.generalinsurance.com.np |
| 5 | Himalayan General Insurance Company Limited | HEI | https://www.hgi.com.np |
| 4 | IME General Insurance Company Limited | IGI | https://www.iginepal.com |
| 6 | Lumbini General Insurance Company Limited | LGIL | https://www.lgic.com.np |
| 7 | National Insurance Company Limited | NICL | https://www.nicnepal.com.np |
| 8 | Neco Insurance Company Limited | NIL | https://www.neco.com.np |
| 9 | Nepal Insurance Company Limited | NLICL | https://www.nepalinsurance.com.np |
| 10 | NLG Insurance Company Limited | NLG | https://www.nlg.com.np |
| 12 | Prabhu Insurance Company Limited | PRIN | https://www.prabhuinsurance.com |
| 13 | Premier Insurance Company (Nepal) Limited | PIC | https://www.premier-insurance.com.np |
| 14 | Prudential Insurance Company Limited | PICL | https://www.prudential.com.np |
| 15 | Rastriya Beema Company Limited | RBCL | https://www.rbcl.com.np |
| 16 | Sagarmatha Insurance Company Limited | SIC | https://www.sagarmathainsurance.com |
| 17 | Sanima General Insurance Company Limited | SGI | https://www.sanima.com.np/sanima-general-insurance-company |
| 18 | Shikhar Insurance Company Limited | SICL | https://www.shikharinsurance.com |
| 19 | Siddhartha Insurance Limited | SIL | https://www.siddharthainsurance.com |
| 11 | The Oriental Insurance Company Limited | ORIENTAL | https://www.orientalinsurance.com.np |
| 20 | United Insurance Company (Nepal) Limited | UIC | https://www.uic.com.np |
List of Reinsurance Companies in Nepal
| S.N. | Reinsurance Companies in Nepal | Symbol | Website |
|---|---|---|---|
| 1 | Himalayan Reinsurance Company Limited | HRL | https://www.himalayanre.com |
| 2 | Nepal Reinsurance company Limited | NRIC | https://www.nepalre.com.np |
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