Rastriya Beema Company Non-Life Insurance Awareness: Expanding Coverage Across Provinces
2nd July 2025, Kathmandu
The government-owned Rastriya Beema Company Limited (RBCL) has completed a series of interactive programs on non-life insurance. These events took place across five provinces of Nepal.
RBCL Non-Life Insurance Awareness
The programs aimed to promote non-life insurance and increase public awareness. They also sought to engage provincial governments and public agencies in insurance risk management.
Five Provinces Covered, Two More To Go
RBCL organized these programs in Sudurpashchim, Karnali, Lumbini, Gandaki, and Bagmati provinces. Only Koshi and Madhesh provinces remain to be covered. The initiative forms part of RBCL’s annual plan for the fiscal year 2081/82. It highlights the company’s commitment to expanding insurance services nationwide.
The latest program occurred on Tuesday, 17 Asar 2081 (July 1, 2025), in Sudurpashchim Province. The event took place in Dhangadhi and had strong participation. The Chief Minister of Sudurpashchim, Kamal Bahadur Shah, led the program as the chief guest. The presence of provincial ministers, secretaries, and officials added weight to the discussions.
Focus On Policy Advocacy And Risk Transfer
One of the program’s main goals was to strengthen advocacy at the policy level. RBCL wants provincial governments and agencies to commit to using insurance as a tool for risk transfer. Insurance can protect public assets and manage disaster risks effectively.
The company emphasized the importance of collaboration between insurers and government bodies. It also aimed to encourage more extensive use of non-life insurance in public programs.
High-Level Participation Shows Growing Interest
The programs attracted top leaders from each province. Participants included chief ministers, departmental ministers, state ministers, and provincial secretaries. Additionally, vice-chairpersons of provincial planning commissions and heads of government agencies attended. This broad participation shows a growing recognition of insurance’s value in public administration.
The interactive sessions allowed for open discussions on insurance challenges and opportunities. Stakeholders explored ways to improve insurance penetration and coverage across Nepal.
Coordinated Efforts Led By Senior Management
RBCL’s market management team, led by Ms. Hira Kumari Bartola, coordinated these programs. The company’s leadership, including Chairman Dinesh Upadhyay, CEO Dr. Shivahari Shrestha, and Deputy CEO Subash Koirala, played key roles. Their support ensured smooth execution and high impact.
Detailed Presentation On Nepal’s Insurance Sector
At each event, Deputy CEO Subash Koirala presented on Nepal’s insurance market. He discussed non-life insurance products and their importance. His presentation covered:
The structure of Nepal’s insurance sector
The current status and challenges of non-life insurance
Coverage of natural disaster risks and mass accident policies
The scope and limits of different insurance policies
Potential partnerships between provincial governments and RBCL
Expectations for cooperation from provincial agencies
Koirala stressed the need for proactive insurance policies to mitigate growing risks. He also highlighted how public agencies can benefit from group insurance schemes.
Key Discussion Topics At The Events
Participants discussed several important issues, such as:
Increasing insurance awareness at provincial and local levels
Using group insurance to cover government employees
Insuring public infrastructure, vehicles, and equipment
Strengthening coordination between RBCL and provincial offices
These discussions helped identify gaps and solutions for expanding insurance use.
RBCL’s Commitment To Expanding Insurance Reach
RBCL reaffirmed its dedication to working closely with provincial governments. The company plans to design tailored insurance products for regional needs. It also aims to raise awareness about insurance benefits in government programs.
These efforts will help integrate insurance into public policy and governance more effectively.
Conclusion: Progress Towards Nationwide Insurance Awareness
The recent program in Sudurpashchim Province marks a key milestone. With strong leadership participation, it showed insurance’s vital role in risk management. RBCL plans to continue this momentum with programs in Koshi and Madhesh provinces.
Overall, these interaction programs will boost insurance adoption and strengthen RBCL’s position. They demonstrate the company’s role as Nepal’s trusted state-owned non-life insurance provider.
For more:- RBCL Non-Life Insurance Awareness
