The document provides an overview of the banking and insurance sectors in Nepal. It states that Nepal Rastra Bank governs banking and Insurance Board of Nepal governs insurance. There are 6 types of financial institutions in Nepal, with commercial banks, development banks, and finance companies being most popular. There are 25 insurance companies total - 8 life insurance companies, 16 non-life insurance companies, and 1 life and non-life insurance company. Lists of commercial banks and the different types of insurance companies in Nepal are also included.

1. Principles of Banking
& Insurance
By
Sudarshan Kadariya
JMC

2. An Overview

3. Banking & Insurance in Nepal
Banking sector
• The governing authority of
banking sector in Nepal is
Nepal Rastra Bank
• There are six types of
financial institutions in
Nepal. Among them,
commercial banks,
development banks and
finance companies are most
popular institutions.
Insurance sector
• The governing authority of
Nepalese insurance sector is
Insurance Board of Nepal
• There are 25 insurance
companies in Nepal.
– 8 life insurance company
– 16 non life insurance
company
– 1 life and non life insurance
company

4. Types of Financial Institutions in
Nepal

5. List of Commercial Banks

7. Life Insurance Company
1) Natioal Life Insurance Company Limited
2) Nepal Life Insurance Company Limited
3) Life Insurance Corporation (Nepal) Limited
4) American Life Insurance Company Limited
5) Asian Life Insurance Company Limited
6) Gurans Life Insurance Company Limited
7) Surya Life Insurance Company Limited
8) Prime Life Insurance Company Limited
Types of Insurance Companies in Nepal

8. Non Life Insurance Company
1) Nepal Insurance Company Limited
2) The Oriental Insurance Company Limited
3) National Insurance Company Limited
4) Himalayan General Insurance Company Limited
5) United Insurance Company (Nepal) Limited
6) Premier Insurance Company (Nepal) Limited
7) Everest Insurance Company Limited
8) Neco Insurance Limited
9) Sagarmatha Insurance Company Limited
10) Alliance Insurance Company Limited
11) NB Insurance Company Limited
12) Prudential Insurance Company Limited
13) Shikhar Insurance Company Limited
14) Lumbini General Insurance Company Limited
15) NLG Insurance Company Limited
16) Siddartha Insurance Limited

9. Life and Non-life Insurance company
1) Rastriya Bima Sansthan

10. Thank you