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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 ...
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.
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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]..
Location of Nepal. Nepal is a landlocked central Himalayan country in South Asia. It has a population of 29 million and is the 93rd largest country by area. [1] [2] Kathmandu is the nation's capital and largest city. Nepal's gross domestic product (GDP) for 2024 was estimated at over $43 billion (adjusted to nominal GDP). [3]
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