Shikhar Insurance Crosses Rs 6 Billion in Gross Written Premiums, Sets New Milestone

Kathmandu — Shikhar Insurance Company Limited, one of Nepal’s leading non-life insurers, has crossed a major milestone by collecting more than Rs 6 billion in gross written premiums during the current fiscal year 2025/26, marking a significant achievement for the country’s non-life insurance industry.

The company said the accomplishment reflects its continued contribution to expanding Nepal’s insurance market, broadening insurance penetration, and strengthening the country’s capacity to manage economic and financial risks.

Since its inception, Shikhar Insurance has prioritized expanding insurance access, developing innovative insurance products, and delivering quality customer service. The company currently operates through a network of 131 branch and service offices across 73 districts, helping improve insurance penetration and promote financial inclusion nationwide.

According to the company, its sustained growth has been driven by a strong financial foundation, experienced management, skilled workforce, robust reinsurance arrangements, a fast and transparent claims settlement process, technology-driven services, customer-centric operations, sound corporate governance, effective risk management practices, and internationally recognized management standards.

Looking ahead, Shikhar Insurance said it remains committed to innovation, service excellence, good governance, and operational excellence, while continuing to play a leading role in the development of Nepal’s insurance industry.