Nepal Insurance Company Enters 80th Year, Commits to Superior Service

24th September 2026, Kathmandu

Nepal Insurance Company Limited has entered its 80th year of operation after completing 79 years of corporate service.

Nepal Insurance 80th Year

Originally established in 1947 AD (2004 BS) under the ownership of Nepal Bank Limited as Nepal Mal Chalani Shakha and Insurance Company Limited, the institution holds a pioneering legacy in Nepal’s non-life insurance sector. Marking its 80th milestone, the company expressed gratitude to its stakeholders and reaffirmed its commitment to delivering enhanced insurance services moving forward.

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Institutional History and Name Rebrandings

The enterprise has undergone multiple structural transformations and legal updates throughout its corporate timeline.

• Establishment and Licensing: Founded in 1947 AD (2004 BS), the company formally received its operational license from the Industry Council in 1949 AD (2006 BS).
• Corporate Name Transitions: The company was rebranded as Nepal Insurance and Transport Company Limited in 1959 AD (2016 BS), before adopting its current name, Nepal Insurance Company Limited, in 1991 AD (2048 BS).
• Governing Regulatory Framework: The company conducts non-life insurance operations in compliance with the Insurance Act 2079, Insurance Regulations 2081, and Companies Act 2063.

Operational Network, Workforce, and Future Targets

The organization continues to maintain nationwide service delivery while adhering to regulatory directives.

• Network and Human Resources: The company operates with a workforce of 298 employees across a nationwide network of 54 branch offices.
• Stakeholder Acknowledgment: On its 80th anniversary, the company extended formal appreciation to shareholders, clients, regulators, surveyors, agents, and staff for their long-term support.
• Service Commitment: Nepal Insurance pledged to deliver transparent and efficient non-life insurance solutions in full compliance with prevailing laws and regulatory guidelines.

For More: Nepal Insurance 80th Year