List of Insurance Companies in Nepal
There are 39 insurance companies in Nepal, among them, 18 are Life Insurance companies, 20 Non-Life insurance companies, and one reinsurance company. Life Insurance companies do the business related to a contract regarding the life of any person under which he/she or his/her heir in the event of his/her death, will be paid a particular amount in case a specified amount is paid in installment on the basis of his/her age. Non-Life Insurance companies deal with other insurance than the Life Insurance. Re-Insurance companies work for re-insuring the portion of the risk which is excess of the risk to be held by the Insurer.
List of insurance companies in Nepal are as follow
List of insurance companies in Nepal are as follow
Minimum Paid-up Capital requirement for insurance companies in Nepal
The minimum paid-up capital requirement for Life insurance company in Nepal is NPR 2 billion and for Non-life insurances company is NPR 1 billion.
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