insurance nepal info

Introduction to Premier Insurance more or less in its own words

noreply@blogger.com (Unknown) — Mon, 18 Jan 2010 16:46:00 +0000

Premier Insurance Company kick started on 12th may 1994 and since then has been serving Nepalese in terms of providing insurance. The company is one of the renowned general insurance companies of the nation. The company has earned widespread recognition in the local and international insurance market. Premier's success in the insurance and reinsurance business owes itself to the determination of its promoters to succeed. The company is at its rapid pace of growth, all because of the extremely dedicated and talented top heads and employees.

Skilled and equally motivated staffs at Premier Insurance Company are always at the disposal of the clients. They can be trusted on their efficiency and technicality as they are well trained. They are also trained for better risk management solutions and quality service for maximum security to customers.

The roots of the company are intertwined with some of the very reputed Insurance companies worldwide that have been promising the best insurance service to the people for decades. Premier Insurance Company can assure of high rated claim payment capabilities by reputed agencies like Standard & Poor (S&P).

So, Premier is no wonder one of the best out there.

Goals of Nepal Insurance Company Limited

noreply@blogger.com (Unknown) — Mon, 21 Dec 2009 16:30:00 +0000

Nepal Insurance Company is a leading non-life insurance company in Nepal and accepts dependable risks coverage and unlimited capacities to its clients as its primary objective. Nepal Insurance Company believes totally in customer satisfaction. The company provides all sorts of services to its valued clients including Technical support, proper counseling and more with the aid of its professionally talented employees.

Nepal Insurance Company plays a vital role as a corporate citizen in the line of general insurance industry in Nepal. It is committed to helping the Nepalese people through socio-economic endeavors. Nepal Insurance Company is committed to attaining leadership in the markets in terms of sustained growth, stability, profitability and return on equity through professional management and responsible stewardship.

Nepal Insurance Company aims at becoming the leader in the Nepalese Insurance industry and as said earlier ensuring dependable risks coverage to its customers is its main goal. “We aspire to provide dependable risks coverage and unlimited capacities to its client / customers through excellent and efficient personal service through highly trained and technical competent professional underwriters.” The company says.

The company works in alliance with other established companies in the scene especially the ones that provide Non Life Insurance Services. Nepal Insurance Company exercises on innovative ideas for implementing better Insurance Schemes and tapping new markets, all the way to establish itself as the leading insurer in Nepal.

”We would like to assure you that you can rely on this oldest Insurer of Nepal to insure any of your non-life insurance requirements as we are capable of insuring your entire insurance requirements.” , the company says about its vision.

NLIC Nepal Life Insurance Company Limited

noreply@blogger.com (Unknown) — Mon, 06 Jul 2009 05:18:00 +0000

Nepal Life Insurance Company (NLIC), is established under the Company Act 2053 and Insurance Act 2049. It was established as a public limited company on 2058/01/21 (04/05/2001). NLIC is actually a life insurance company managed by some private investors and has been doing good business in the scenario of Nepal. The promoters of the company are a group of well known businessmen and business houses of Nepal. In these years of operation, Nepal Life Insurance Company(NLIC) has progressed in leaps and bounds.

The company has an authorized capital of Rs. 100 Crore or one Arab(1 billion NRs.). Issued Capital of Rs 50 Crore and Paid-up Capital of Rs 30 Crore. Right Share of 4:1 is in the process for offering to the shareholders.

The main motto of Nepal Life Insurance Company Limited is to endeavor in making every family economically safe and secure for their lifetime so that in return, every citizen of Nepal may contribute his might in building a healthy, prosperous, strong nation. It also aims to serve financial and Social needs of every part of the society by designing innovative insurance instruments. NLIC also thrives to provide after sales service to customers and work thier level best for that.

Contact Beema Samiti

noreply@blogger.com (Unknown) — Sat, 04 Jul 2009 16:02:00 +0000

Beema Samiti is the nation-level organization that monitors all the major insurance processes and the companies that handle the task. Beema Samiti is the major body for having any information regarding Insurance in Nepal. You can contact Beema Samiti for any details you require. Here's the contact information:

Beema Samiti(Insurance Board)
Chabahil, Kathmandu
Phone: 977-1-4810818, 977-1-4810989, 977-1-4811057
Fax: 977-1-4810490
Toll Free No. 1660-01-56789
Website: http://bsib.org.np
Email: bsib@wlink.com.np

बीमा सामिति
चाबहिल, काठमाण्डौं
फोन नं : ९७७-१-४८१०८१८, ९७७-१-४८१०९८९, ९७७-१-४८११०५७
फ्याक्स : ९७७-१-४८१०४९०
निशुल्क फोन नं : १६६०-०१-५६७८९

Rastriya Bima Samiti-Front View

noreply@blogger.com (Unknown) — Tue, 30 Jun 2009 17:30:00 +0000

Here's a front view of Rastriya Bima Samiti. Rastriya Beema Samiti (National Insurance Board) an autonomous body, established to develop, systemize, regularize and regulate the insurance business of Nepal under Insurance Act, 1992.

About Insurance Nepal

noreply@blogger.com (Unknown) — Sun, 28 Jun 2009 10:11:00 +0000

This blog is dedicated to everything about insurance companies and the system in Nepal. Insurance companies are a major business in today's world. The insurance industry is one of the largest sectors of finance everywhere in the world and in Nepal too, it plays a major role. It ranges from consumer to corporate and industrial insurance, and even reinsurance, or insurance of insurance.

Because of internet, every form of business is immensely benefited and Insurance too isn't aloof from this. With the internet and other forms of high-speed communication, companies and individuals are now able to purchase insurance very easily and for the people of country like Nepal too, it has been a benefit. Insurance policies are popular mostly among the affluent people but the others too have started understanding its importance.

Because of the growing number of insurance companies in Nepal, the business has been much competitive as companies are offering more and better facilities. In Nepal too, the scenario has been much populated today than compared to what it was a few years ago. Actually this is a good sign as the increase in number of Insurance companies means better exposure to people regarding the importance of insurance policies.

This blog will highlight the current status of Insurance system in Nepal, about the insurance companies and people's attitude towards it. I hope this blog will prove to be useful for everyone.