KATHMANDU, July 29: Nepali non-life insurers’ businesses grew by 15.61 percent, with collecting notable amount in premium payments in the last Fiscal Year (FY).
The data released by the Nepal Insurance Authority (NIA) shows that a total of 18 non-life insurance companies collected insurance premiums of Rs 51.92 billion during FY 2025/26, recording Rs 50.60 billion shares of 14 large non-life insurers. The amount was recorded at Rs 44.91 billion in the previous FY.
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Likewise, the non-life insurers sold more than 3.467 million policies in last FY, which was 6.87 percent higher than that in the previous year, when the sold policies was recorded at 3.244 million. The data shows that the premium collections surged by a notable rate despite the nominal rise in issuance of policies.
Shikhar Insurance stood in the first position in terms of the insurance businesses. The company has collected insurance premiums of Rs 6.51 billion. Sagarmatha Lumbini, with its premium collections of Rs 5.42 billion was in second place. Himalayan Everest Insurance, was in third place, recording its collected premiums of 5.37 billion.
