Shikhar Insurance Becomes First Non-Life Insurer in Nepal to Collect Rs 5 Billion in Premium Within 11 Months

Kathmandu — In a remarkable achievement for Nepal’s non-life insurance sector, Shikhar Insurance Company Limited has become the first and only non-life insurer in the country to collect Rs 5 billion in insurance premium within just 10 months and 25 days of the current fiscal year.

This milestone marks a significant moment in Nepal’s insurance industry, as no other non-life insurance company has reached this premium collection figure within such a short period. Shikhar Insurance had previously held the record for reaching the Rs 5 billion mark in the shortest time, and it has now surpassed its own benchmark.

The company credited this achievement to the trust and continued support of its clients and also acknowledged it as a reflection of strong customer confidence and consistent service delivery.

Expressing gratitude, the company extended thanks to its valued customers, dedicated employees, and well-wishers. It also reaffirmed its commitment to providing even more efficient and customer-focused insurance services in the future.