Non-Life Insurance Companies Invest Rs 4.42 Billion in Capital Market, Sanima GIC Leads Growth

Kathmandu – Non-life insurance companies in Nepal have ramped up their investments in the capital market, with total investments reaching Rs 4.42 billion by mid-Ashar of the last fiscal year. The figure represents a 15 percent rise compared to Rs 3.86 billion in the same period of the previous year, according to the Nepal Insurance Authority.

Government-owned Rastriya Beema Company and Sagarmatha Lumbini Insurance made the highest investments in ordinary shares of listed companies. Rastriya Beema Company invested Rs 794.1 million, while Sagarmatha Lumbini allocated Rs 710.9 million, recording a 41 percent increase from the previous fiscal year. Other key players such as Neco Insurance, Siddhartha Premier Insurance, IGI Prudential Insurance, Sanima GIC Insurance, Himalayan Everest Insurance, Nepal Insurance, Shikhar Insurance, United Ajod Insurance and Prabhu Insurance also made notable contributions to the sector’s growing market presence.

Sanima GIC Insurance stood out as the fastest-growing company in terms of capital market investment, expanding by an impressive 290 percent compared to the previous year. Nepal Insurance followed with 199 percent growth, while Shikhar Insurance increased its portfolio by 54 percent.

Foreign insurers such as The Oriental Insurance and India-based National Insurance have not invested in companies listed on the Nepali share capital market. Similarly, NLG Insurance was not included in the investment details up to the fourth quarter of the last fiscal year.