Top 5 Non Life Insurance Company in Nepal to Invest for 2024-2025

1) Nepal Insurance Co. Ltd. (NICL)

This is the First Insurance Company of Nepal that Nepal Bank Ltd promotes; The First Commercial Bank of Nepal, owned by the Government of Nepal has a powerful backup from Nepal Bank Ltd & Asian Life Insurance Co. Ltd. along with other Promoters by holding 51% of the shares and 49% of the shares to General Public. The shares are listed in the Nepal Stock Exchange and are easily and instantly tradable in the stock market with a higher value than their net worth.

• Ownership Structure Promoter Shares 51% Public Shares 49%
• Listed shares 90,287,632 Units
• Market Price Per Share Rs. 732

2) Shikhar Insurance Co. Ltd. (SICL)

Shikhar Insurance Company Limited (SICL) was established on Mangsir 2, 2061 by a team of mindful enthusiasts. SICL is a company with a vision geared up to face every challenge that persists in the insurance industry. The challenges are developing policies as per the requirement of clients 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, and creating capacities within the markets so that the outflow of the precious convertible currency can be minimized, etc.

• Ownership Structure Promoter Shares 51% Public Shares 49%
• Listed shares 26,549,472 Units
• Market Price Per Share Rs. 795.2

3) Neco Insurance Limited (NIL)

Neco Insurance Ltd. is a limited liability company registered under the Companies Act, 2021 BS. It was established on 1^stPoush, 2051(16^th December, 1994). It has been operating general insurance business in Nepal since 17^thJestha, 2053 (30^th May, 1996) as per the license granted by Insurance Board of Nepal. The registered office of the company is at Gyaneshwor, Kathmandu and it is operating its business through various service outlets nationwide. Neco Insurance enjoys a reputation of expertise, stability and strength. Our competitive edge, extensive range of products, wide network, claim servicing capabilities and the ability to provide all possible general insurance solutions under one roof makes us the most preferred partner for our valued customers. 

• Ownership Structure Promoter Shares 60% Public Shares 40%
• Listed shares 25,154,509 Units
• Market Price Per Share Rs. 938.9

4) Siddhartha Premier Insurance Limited (SPIL)

Siddhartha Insurance Limited & Premier Insurance Co. (Nepal) Limited have merged and formed a new insurance company with the name Siddhartha Premier Insurance Limited. Siddhartha Premier Insurance Limited started joint operation on the 1st of March 2023.

• Ownership Structure Promoter Shares 51% Public Shares 49%
• Listed shares 28,065,499 Units
• Market Price Per Share Rs. 825

5) United Ajod Insurance Limited (UAIL)

United Ajod Insurance Limited is the result of a successful merger between Ajod Insurance Limited (AIL) and United Insurance Company (Nepal) Limited (UIC). Established since Jestha 14, 2080 BS, our company brings together the strengths and expertise of two renowned insurance entities. An ISO 9001:2000 certified insurance company, United Ajod Insurance Limited commenced its operations on May 28, 2023 (Jestha 14, 2080) after completing registration with the Company Registrar’s Office and receiving approval from the Insurance Board. 

• Ownership Structure Promoter Shares 51% Public Shares 49%
• Listed shares 21,000,000 Units
• Market Price Per Share Rs. 670