Insurance

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 secors as well for its professionalism and services.
Shikhar Insurance Company Ltd is a newly established General Insurance Company promoted by a young team of reputed Industrial and Business Houses of Nepal having vast experience and excellent leadership that has steered their respective companies through the years along with the various individuals representing the various walks of life.
Nepal Insurance Company Limited (NIC) is an oldest insurance and one of the leading non-life insurance companies of Nepal. It is established by the Nepal Bank Limited, a leading and influential commercial bank of Nepal, as a joint venture with general public on Ashwin 8, 2004 (1947 September). Paid up Capital is more than Rs.102 million and Shareholders’ Fund is more than Rs.188 million.
National Insurance Company Limited (NICL) Nepal today unveiled its plan to tie up with various automobile dealers to provide a 'cashless settlement' facility to customers against damages caused to vehicles. Once the policy is launched, vehicle owners, whose vehicles have been damaged in minor or major accidents, can repair the vehicle, without investing their own money, a first of its kind in the country. “We have initiated necessary processes to launch the new product. We hope we will be able to introduce it soon,” said Sujit Das, director and general manager of NICL India, who is currently in Nepal, addressing a press meet in Kathmandu today.