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Nepal Insurance Company Ltd. (Nepal)

Main Activities: Other Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Nepal Insurance Company Ltd. Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company is an insurance and one of the leading non-life insurance companies in Nepal.
The Company 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).
The Company is a listed Company with Nepal Stock Exchange since day one of the Stock Market with authorized 15, 00, 00 ordinary shares of Rs. 100 and it covers Fire Allied, Marine ( Cargo Goods in Transit), Aviation, Engineering (CAR, EAR, Boiler, Machinery Plants, Electronic Equipment, ALOP etc. ), Motor, Fidelity Guarantee.

Headquarters
Nic Building, 35 Kulratna Marg-3453, Kamalad, P.O. Box 3623
Kathmandu; Bagmati;

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Website: http://www.nepalinsurance.com.np

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1947
Key Executives
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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49.13%
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45.68%
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5.19%
Company Performance
Financial values in the chart are available after Nepal Insurance Company Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NPR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
6.65%
Operating profit (EBIT)
-15.69%
Net Profit (Loss) for the Period
12.49%
Total assets
3.04%
Investments
4.69%
Receivables
-10.3%
Total equity
15.93%
Net Premiums Earned Trend
5.97%
Net Profit Trend
-26.72%
Return on Equity (ROE)
-0.4%
Loss Ratio
1.4%
Underwriting Expenses Ratio
-11.51%

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