Paid Up Capital Of General (Non-Life) Insurance Companies In Nepal

February 16, 2021 | Investopaper

Paid-up capital is the fund provided by the shareholders into the company since the establishment. It includes the initial amount collected from the shareholders plus additional capital injected through right/ bonus shares or FPO as the company moves forward. Higher the capital, the greater the financial strength of the company. In times of economic difficulty, companies with huge capital tend to survive than companies with low capital.


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At current, there are 20 non-life (general) insurance companies operating in Nepal. The non-life insurance companies should have the minimum paid-up capital of Rs 100 crores, as per the direction of Nepal Insurance Board (Beema Samiti). All companies except Rastriya Beema Company have met the minimum capital requirement.

The table below presents the list of general (non-life) insurance companies operating in Nepal along with their respective paid-up capital.


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Paid Up Capital Of General (Non-Life) Insurance Companies In Nepal

S.N Non-Life Insurance Companies In Nepal Paid-Up Capital (Rs In Crores)
1 Shikhar Insurance Company Limited 137.45
2 Neco Insurance Company Limited 131.74
3 Nepal Insurance Company Limited 115.03
4 Lumbini General Insurance Company Limited 114.18
5 NLG Insurance Company Limited 109.63
6 Everest Insurance Company Limited 109.59
7 IME General Insurance Company Limited 108.18
8 Premier Insurance Company Limited 107.45
9 Himalayan General Insurance Company Limited 106.82
10 Prabhu Insurance Company Limited 105.62
11 United Insurance Company Limited 102.81
12 Prudential Insurance Company Limited 102.64
13 Sagarmatha Insurance Company Limited 100.12
14 Ajod Insurance Company Limited 100
15 General Insurance Company Limited 100
16 Sanima General Insurance Company Limited 100
17 Siddhartha Insurance Company Limited 100
18 Rastriya Beema Company 26.66
19 National Insurance Company Limited
20 Oriental Insurance Company Limited

Source: Unaudited Second Quarterly Report, FY 2077/78

Note: National Insurance and Oriental Insurance are the branches of foreign insurance companies. Hence, they have no capital. 


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