List of Non Life Insurance Companies in Nepal

List of Non Life Insurance Companies in Nepal

1. Nepal Insurance Company Limited
Nepal Insurance Company Limited, a pioneer non life insurance company of Nepal was established on 1947 A.D. by Nepal Bank Limited (the first commercial Bank) and general public with 51% and 49% shares respectively.

At the beginning the name of this company was "Nepal Malchalani Tatha Beema Company" and had changed its name as "Nepal Insurance & Transport Company Ltd." on 1959 A.D. Now its name is "Nepal Insurance Company Ltd." since 1991 A.D.

Contact
Tel : 01-4221353, 01-4228690, 01-4245565/68,
Fax : 977-01-4225446
E-Mail:  nic@wlink.com.np , nicaccount@wlink.com.np
Website: http://www.nepalinsurance.com.np
NIC Building Kulratna Marg – 3453
Kamaladi, G.P.O.Box. No. 3623

2. The Oriental Insurance Company Limited
The Company is a pioneer in laying down systems for smooth and orderly conduct of the business. The strength of the company lies in its highly trained and motivated work force that covers various disciplines and has vast expertise. Oriental specializes in devising special covers for large projects like power plants, petrochemical, steel and chemical plants. The company has developed various types of insurance covers to cater to the needs of both the urban and rural population of India. The Company has a highly technically qualified and competent team of professionals to render the best customer service.

Contact 
Tel: 421448, 4241960
Fax: 4223419
Email: oriental@wlink.com.np
Website: http://www.orientalinsurance.com.np
Jyoti Bhawan,1st Floor
P.O.Box 165

3. National Insurance Company Limited

4. Himalayan General Insurance Company Limited
 Himalayan General Insurance Co. Ltd. commenced operations in December 1993 to write Insurance Policies after obtaining license from the Insurance Board of Nepal to underwrite General Insurance (Non-life). We worked with Swire Blanch Asia Ltd., Singapore, through a technical service agreement for the initial five years in order to arrange reinsurance with the world’s best reinsurers.

Our Mission is to deliver progressive and superior customer value, uphold the interests of our human assets, provide sustained stakeholder returns, and stay abreast of social responsibility initiatives.

Contact
Tel: 4231788, 4213015
Email: ktm@hgi.com.np
Website: http://hgi.com.np/

5. United Insurance Company (Nepal) Limited
 United Insurance Co. (Nepal) Limited is an ISO 9001:2000 certified insurance company. The company has started its operation from December 1, 1993 (Mangsir 16, 2050) after its registration with the Company Registrator's Office and approved by Insurance Board. The company is promoted by leading industrialists and reputed trading and commercial houses of Nepal and have a wide participation. The Authorised Capital of the Company is Rs. 150 million, out of which Rs. 72 million have already been subscribed. The high general public participation reveals the confidence of the general public on the company.

Contact
Tel: 5111111 (Hunting Line)
Fax: 977-1-5111112
E-mail: uic@mail.com.np
Website: www.unitedinsurance.com.np
Trade Tower, Thapathali, Kathmandu, Nepal
P.O.Box: 9075

6. Premier Insurance Company (Nepal) Limited
 Incorporated on 12th may 1994, Premier Insurance Company (Nepal) Limited has emerged as a renowned general insurance company of the second generation. The company has earned a reputation in the local and international insurance and reinsurance sectors as well for its professionalism and services.

Premier's success in the insurance and reinsurance business owes itself to the determination of its promoters to succeed. Comprised of prominent entrepreneurs, the promoters of the company have brought their experiences, entrepreneurial talent and leadership skills to add to the company's growth.

Contact
Tel: 00-977-1-4413543, 4439358, 4439359, 4439353
Fax: 00-977-1-4413442
Email: premier@picl.com.np
Website: http://www.premier-insurance.com.np
Narayen Chaur, Naxal

7. Everest Insurance Company Limited
Everest Insurance Company Ltd. is a leading Insurance Company of Nepal. Everest Insurance Company has always been ensuring on world-class quality service. Our policies are varied in nature, and we have a wide range of non-life insurance schemes, which will ensure that you have a life of comfort, free from worries.

In today's world of uncertainty a sense of security is not only needed but it is an essential factor of life. Insurance provides us the security we need and keep our worries down.

With an ambition of safekeeping Nepal, Everest Insurance Company was established in 1994 as a public limited company. Everest Insurance Company has come a long way in winning trust from its more than 20,000 clients and is at present one of the leading insurance companies in Nepal. The strength of the company lies in its management committee background, dynamic staff of 60 members and countrywide network of 300 agents.

Contact
Tel : 01-4425758, 4444717, 4444718
Fax : 977-1-4444366
E-mail : info@eic.com.np
Website: www.everestinsurance.com
Hattisar, P. O. Box 10675

8. Neco Insurance Limited
 Neco Insurance Limited was incorporated as a Public Limited Company on 16th December 1994. The Company started its General Insurance business on 30th May 1996 when the company was provided the License by Beema Samiti (Insurance Board) to transact all types of Non-Life (General) Insurance in Nepal .

Neco Insurance Ltd offers a wide range of General Insurance (Non-life) pro ducts to cater the needs of its clients ranging from the traditional to the latest high tech type of Insurance like Aviation and Engineering.

Neco Insurance has been known in the Market as being innovative and having a well-established relationship with the various reinsurance markets of the world.

Contact
Phone: , 4770415 (Hunting), 4770238,4770127
Fax: 977 - 1 - 4770162
Email: info@necoinsurance.com.np
Website: www.necoinsurance.com.np
P.O. Box No. 12271,
Navadurga Bhawan,
Anamnagar, Kathmandu

9. Sagarmatha Insurance Company Limited
Sagarmatha Insurance Co. Ltd; incorporated in 1996 has been promoted by the prominent entrepreneurs and leading industrial Groups - Salt Trading Corporation, Golchha Organisation, Jyoti Group, MC Group, National Finance Co. Ltd; Nepal Construction and Engineering Corporation and other promising entrepreneurs.

Contact
Phone: 4412367
Fax: 977-1-4412378
Email: sagarmatha@insurance.wlink.com.np, info@sagarmathainsurance.com.np
Website: http://www.sagarmathainsurance.com.np
Surakshan Bhawan, Bhagawati Marg, Naxal

10. Alliance Insurance Company Limited
Alliance Insurance Company Limited is a non-life insurance company founded in 1996 by leading industrial and business houses of Nepal having share participation of Karmachari Sanchaya Kosh (Employee’s Provident Fund) an enterprise of Nepal Government and People’s Finance Limited. It has paid up capital of approximately 14 crores which is the highest among non-life insurance companies of Nepal.

Contact
Phone: 977-1-4499220, 4499226
Fax: 977-1-4499647
Email: info@allianceinsurance.com.np
Website: www.allianceinsurance.com.np
P.O.Box: 10811, Tinkune, Kathmandu

11. NB Insurance Company Limited
The prominent bankers, entrepreneurs and leading industrialists – NepalBangladesh Bank, NB GROUP, Nepal Credit & Commerce Bank Ltd. and vast experienced persons in insuranceindustry for more than a decade, have jointly promoted NBINSURANCE COMPANY LTD.The main objectives of the Company is to provide widerange of financial security due to physical loss of theproperty caused by insured perils and the best and newarea of insurance services required to the clients.

Contact
Tel: 4224312, 4224289, 4224263
Fax: 977-1-4224254
E-mail: nbic@mos.com.np
Website: http://www.nbinsurance.com.np
Shanta marga, Kamaladi, P.O.Box: 21746

12. Prudential Insurance Company Limited
Prudential Insurance Company was incorporated under the Companies Act on November 30, 2000. With the approval of Beema Samiti, it commenced operation on June 20, 2002. The Company is housed in the second floor of Triveni Complex an exquisitely built modern office complex located in the heart of the City.

Formed with an initial capital of Rupees 10 Crores (this includes Public Issue of Rs. 2 Crores). the company can claim to have a strong financial base the first essential ingredient for success in the business of insurance. The strength, reputation and the influence of the groups and their business associates together with the professional management the Company has employed give an assurance of stability and quality service to the Nepalese customers.

The Company’s operation is computerized with an integrated insurance software that ensures speedy and quality service to its customers in matters of issuing policies and settlement of claims. Emphasis is put on recruitment of quality staff and providing them effective training to ensure a truly professional service. The Company regards that professional management, efficient computerization of its operation and trained staff with a strong customer focus give it a cutting edge in the competitive environment of the present market.

Contact
 Tel:+977-1-4212940(Hunting)
Fax:+977-1-4238375
e-mail: prudential@wlink.com.np
Website: http://www.prudential.com.np
G.P.O. Box: 15123
Kamaladi Complex (4th Floor),
1951, Kamaladi-30383

13. Shikhar Insurance Company Limited
Shikhar Insurance Company Ltd. (SICL) is an established General Insurance Company promoted by a young team of reputed Industrial and Business Houses involved in various fields like Aviation, Banking, Manufacturing, Trading, Travel Trade, Media Houses etc.

SICL is a company with a vision, geared up to face the every challenge that persists in the insurance industry. The challenges being developing policies as per the requirement of the client at an economical price, filling the void of the acute shortage of technical manpower in the insurance industry, introducing new products at par with international standards, creating capacities within the markets so that the outflow of the precious convertible currency can be minimized etc.

We believe that the relationship between the insured and the insurers is one of confidence and trust. Our goal is to set the standard for the insurance industry by providing quality service that exceeds customers’ expectations. The company has the right combination of dedicated service-oriented professionals for which one can always trust for an excellent service.

Contact
Phone No: 4246101, 4246102
Fax No: 977-1-4246 103
E-mail: shikharins@mos.com.np
Website: http://www.shikharinsurance.com
Shikhar Biz Centre Fifth-Seventh Floor,Thapathali

14. Lumbini General Insurance Company Limited

15. NLG Insurance Company Limited
NLG Insurance Company Limited is a part of National Life & General Insurance(NLGI) incorporated in 1988 to conduct Life as well as General business, as composite insurance company.As per requirement of the Insurance Act of Nepal, General Insurance business of NLGI was separated and a new company by the name NLG Insurance Company Ltd. (NLG) was incorporated in 2005.

'NLG' has over 20 years of experience in providing insurance services to its individual and corporate clients. Through our customer driven service packages, personalized service delivery and technology focused operation, our clients enjoy value that are unparallel in the industry.While 'NLG' is widely acknowledged for its promptness in claims services, it serves its large client base by providing diverse product range throughout the country by its largest number of network.

Contact
Tel: 4442646, 4418113,4006648, 4442646
Fax: +977-1-4416427
Email: info@nlgi.com.np, nlgi@mail.com.np
Website: http://www.nlg.com.np
P.O. Box 20600, Panipokhari
Lazimpat, Kathmandu, Nepal

16. Siddartha Insurance Limited
Siddhartha Insurance limited is a newly established General Insurance duly registered with Govt of Nepal & Beema Samati (Controller of Insurance) has issued license. The company has been promoted by prominent entrepreneurs of highly reputed Industrial, Financial and Business Houses of Nepal.Siddhartha aims to effectively leverage the vast experience and visionary leadership of its promoter’s to offer its customers a new age insurance solutions.

With our state-of-the-art infrastructure coupled with diligent workforce, we primarily focus on providing our customers both personal and commercial general insurance. We insure virtually all types of risk with an emphasize on property, liability and accidental insurance.

Our core business purpose revolves around offering our customers with comprehensive protection against the risks they face in both their personal lives as well as business activities. As a part of our unwavering commitment to serve our customers in whatever way suits them best, we adopt more personal approach apart from embracing cutting-edge concepts.Through improved management, better market awareness and technological advancement, we are unfalteringly devoted to continually raise our standards and goals.

Contact
Tel: 4257766, 4256190, 4254547
Fax: 977-1-4257776
Email: info@siddharthainsurance.com
Website: http://www.siddharthainsurance.com
Siddhartha Insurance complex, 4th Floor,
Babarmahal (Hanumansthan), Kathmandu.
P.O. Box 24876

 Source: http://bsib.org.np