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

August 18, 2022 | 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.


Suggested Readings:

Financial Analysis of Commercial Banks of Nepal [With Ranking]

Top 5 Non-Life Insurance in Nepal


At current, there are 19 non-life (general) insurance companies operating in Nepal. The non-life insurance companies should have the minimum paid-up capital of Rs 250 crores, as per the direction of Nepal Insurance Board (Beema Samiti).

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


Also Read:

History Of Insurance In Nepal

Why You Should Invest In The Insurance Stocks?


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 228.6
2 Himalayan Everest Insurance Company Limited 223.99
3 Neco Insurance Company Limited 174.98
4 IME General Insurance Company Limited 170.16
5 Nepal Insurance Company Limited 137.89
6 Sagarmatha Insurance Company Limited 133.36
7 NLG Insurance Company Limited 132.66
8 Lumbini General Insurance Company Limited 131.27
9 Prabhu Insurance Company Limited 128.97
10 Siddhartha Insurance Company Limited 128.8
11 Premier Insurance Company Limited 122.76
12 Prudential Insurance Company Limited 118.61
13 United Insurance Company Limited 102.81
14 Ajod Insurance Company Limited 100
15 General Insurance Company Limited 100
16 Sanima General Insurance Company Limited 100
17 Rastriya Beema Company 26.66
18 National Insurance Company Limited
19 Oriental Insurance Company Limited

Source: Unaudited Fourth Quarterly Report, FY 2078/79

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


You May Also Like:

Top 5 Microfinance Companies In Nepal

Top 5 Life Insurance In Nepal

Investopaper

Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published.

error: Content is protected !!