Top 5 Insurance Companies In Nepal , While talking about this firstly lets know what is insurance company’s primary work. Insurance company’s primary and predominant business activity during the taxable year is issuing insurance & annuity contracts following different procedures.
Insurance Agency firstly positioned in more than one way market capitalization, stock worth, marketing projections, number of arrangements gave and market acknowledgment, etc.
Here is list of Top 5 insurance companies of Nepal which are described in detail below .
1. MetLife-American Life Insuance Company Limited
American Life Insurance Company Limited Product MetLife Nepal is a life insurance company of Nepal established in 2001 which is one of the best life Insurance Company of Nepal.
2.Asian Life Insurance Company Limited
Asian Life Insurance which is one of the main life coverage organizations in Nepal. It laid out on 27th February 2008 ( Falgun 15, 2064) and began working on third April 2008 (Chaitra 21, 2064). The Approved Capital of the Organization is Rs.5 billion.
3.Citizen Life Insurance Company Limited
Citizen Life is one of the quickest developing life coverage organizations in Nepal which began its procedure on October 19, 2017 (Kartik 02, 2074) after Beema Samiti the Protection Administrative Power of Nepal granted it the activity permit on August 23, 2017 (Bhadra 07, 2074).
4. Gurans Life Insurance Company Limited
It is established and registered under Company Act 2063 B.S. Insurance Act 2049 as a public Limited Company and issued a license to operate Life Insurance Business on 2064/12/18. It is promoted by Dugar Group, Sunrise Bank Ltd. along with group of diverse and renowned Businessmen, Industrialist and Legal professionals. It have total authorized capital of 200 crore.
5.IME Life Insurance Company Limited
The life insurance company which provides you the vital and supplementary service of life insurance in the convergence of IME Group’s financial services.
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