Non-Life Insurers Record 23 Percent Premium Growth as Shrawan Collection Crosses 5.73 Billion Rupees
4th September 2026, Kathmandu
Nepal’s non-life insurance sector experienced significant financial expansion, recording a 23 percent increase in total premium earnings compared to the previous fiscal year, rising from 4.31 billion rupees to 5.32 billion rupees.
Non-Life Insurers Premium Growth
Annual Premium Growth Highlights
Overall Growth Trend: Non-life insurers generated 5.32 billion rupees in current fiscal year premium collections, reflecting a 23 percent year-on-year increase from 4.31 billion rupees.
Top Growth Performers: NLG Insurance registered the highest growth rate at 55 percent, followed closely by Himalayan Everest Insurance, which achieved a 54 percent increase to reach 560 million rupees.
Steady Performers: Sagarmatha Lumbini Insurance recorded a 21 percent growth in annual premium earnings, reaching a total of 550 million rupees.
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Shrawan Premium Collection Breakdown
Monthly Volume and Policy Issuance: During the month of Shrawan, 15 non-life insurance companies collectively generated over 5.73 billion rupees in total premium earnings while issuing more than 229,000 insurance policies nationwide.
Market Leaders for Shrawan: Himalayan Everest Insurance led monthly collections with 562.5 million rupees, followed by Sagarmatha Lumbini Insurance with 553.2 million rupees, and NLG Insurance with 534.6 million rupees.
Individual Company Earnings: According to Nepal Insurance Authority data, Shikhar Insurance collected 512 million rupees, Premier Insurance generated 467.6 million rupees, IGI Prudential Insurance earned 447.1 million rupees, Orient Insurance collected 443.7 million rupees, Neco Insurance earned 380.8 million rupees, and United Ajod Insurance collected 332.3 million rupees.
Remaining Insurers: National Insurance collected 270.2 million rupees, Nepal Insurance collected 252.7 million rupees, Sanima GIC Insurance generated 240.3 million rupees, and Rastriya Beema Company earned 190 million rupees.
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