List of Insurance Companies in Nepal
There are 37 insurance companies in Nepal. The insurance companies in Nepal are divided into three types:A. Life Insurance
B. Non-Life/General Insurance
C. Reinsurance
14 life insurance companies,
14 Non-life insurance companies (general insurance),
2 Reinsurance companies,
3 Micro Life Insurance Companies and
4 Micro Non Life Insurance companies are operating in Nepal.
List of Life Insurance Companies In Nepal
There are currently 14 life insurance companies in Nepal. The list of the life insurance companies is shown below:
List of General (Non-Life) Insurance Companies In Nepal
Non-life insurance is an agreement made to avoid the risk of loss of property and liability. It is generally used to ensure movable and immovable property such as houses, factories, vehicles, etc.
Non-life insurance covers accidents, medical expenses, third-party liability, production liability, and risks involved in foreign travel. It is used to obtain compensation for damage caused by various natural calamities including accidents, fires, thefts and to get compensation or relief from possible losses due to risk. At current, there are 20 general or non-life insurance companies in Nepal.
Below are the lists of 14 general or non-life insurance companies in Nepal:
List of Re-Insurance Companies In Nepal
Insurance companies cannot bear the entire risk of the insurance they cover, they transfer the risk from one company to another to reduce the risk, which is called reinsurance.
So far, there are only two reinsurance companies in Nepal.
List of Micro Life Insurance Companies In Nepal
List of Micro Non Life Insurance Companies In Nepal