Market Report, "the Insurance Industry in Nepal, Key Trends and Opportunities to 2017", Published
Insurance needs in Nepal were mostly met by Indian companies until the establishment of the Nepal Insurance and Transport Company (later renamed as the Nepal Insurance Company) in 1947. The expansion of the Nepalese insurance industry took place during the 1990s after the government reformed the financial sector and liberalized the economy. These new policies led to the growth of insurance business in the private sector. The life segment accounted for the largest share of the total written premium value,...
View full press release