Top 5 Non-Life Insurance Companies

Top 5 Non-Life Insurance Companies

Non- life insurance is doing good business. Top 5 Non-Life Insurance Companies.

There is a 16 non-life life insurance companies listed in NEPSE. Such as Shikhar Insurance Company Limited (SICL), Neco Insurance Limited (NIL), Premier Insurance Company (PIC), Sagarmatha Insurance Limited (SIC), etc. 

Top 5 Non-Life Insurance Companies

Following are the Top 5 Non-Life Insurance Compbased onsis of paid-up capital, Net profit, reserve and surplus, insurance fund, etc.

Paid up capital

Shikhar Insurance Company Limited (SICL) has the highest paid-up capital of Rs. 2.29 arba.

Similarly, Neco Insurance Limited (NIL) is in the second position. 

Following are the top 5 companies

Name of the companiesSymbolCapital
Shikhar Insurance Company LtdSICL2.29 arba
Himalayan Everest Insurance Company LtdHEI2.24 arba
Neco Insurance Company LtdNIL2.01 arba
Sanima GIC Insurance Company LtdSGIC2.00 arba
IME General Insurance Company LtdIGI1.70 arba

Net Profit

As per the second report, Rastriya Beema Company Ltd (RBCL) has earned the highest Net Profit of Rs. 37.42. 

Similarly, Shikhar Insurance Company Ltd (SICL) and Sagarmatha Insurance Company Limited are in second and third positions in terms of earning net profit.

Following are the top 5 Companies.

Name of the CompanySymbolNet profits
Rastriya Beema Company LtdRBCL37.42 crore
Shikhar Insurance Company LtdSICL24.07 crore
Sagarmatha Insurance Company LtdSIC17.93 crore
Neco Insurance Company LtdNIL17.61 crore
Premier Insurance Company LtdPIC15.62 crore

 Reserve and Surplus

Among the non life insurance Companies. Rastriya Beema Company Limited (RBCL)  has the highest reserve and surplus of Rs. 357.24 crore

Moreover, Shikhar Insurance Company Limited (SICL) also has good reserve and surplus of Rs. 97.00 crore. 

Following are the top 5 companies

Name of the companySymbolReserve
Rastriya Beema Company LtdRBCL357.24 crore
Shikhar Insurance Company LtdSICL97.00 crore
Himalayan Everest Insurance Company LtdHEI66.20 crore
Sagarmatha Insurance Company LtdSIC50.27 crore
NLG Insurance Company LtdNLG34.17 crore

Insurance Fund

Rastriya Beema Company Ltd (RBCL) has insurance fund of Rs. 285.40 crore

Similarly, Shikhar Insurance Company Limited (SICL) and Neco insurance Company Ltd (NIL) are in second and third position. Their Insurance fund are Rs. 153.20 crore and Rs.144.75 crore respectively. 

Following are the top 5 companies.

Name of the CompanySymbolInsurance Fund
Rastriya Beema Company LtdRBCL285.40 crore
Shikhar Insurance Company LtdSICL153.20 crore
Neco Insurance Company LtdNIL144.75
Sagarmatha Insurance Company LtdSIC129.08
Siddhartha Insurance Company LtdSIL125.80

No of Policies

Neco Insurance Limited (NIL) has the highest No of policies of 154,620.

Shikhar Insurance Company Limited (SICL) fall is second position which has issued 124,975 policies.  

Following are the top 5 companies

Name of the CompanySymbolNo of Policies
Neco Insurance Company LtdNIL154,620
Shikhar Insurance Company LtdSIC124,875
NLG Insurance Company LtdNLG100,653
Himalayan Everest Insurance Company LtdHEI100,268
Nepal Insurance Company LtdNICL87,942

Earnings Per Share (EPS)

Rastriya Beema Company Limited (RBCL) has the highest EPS in this category. Its EPS is Rs. 280.67. 

Similarly, Sagarmatha Insurance Company limited (SIC) & Premier Insurance Limited (PIC) are in second and third position. Their EPS is Rs. 26.90 and Rs. 22.27 respectively. 

Following are the top 5 Companies

Name of the CompanySymbolEPS
Rastriya Beema Company LtdRBCL280.67
Sagarmatha Insurance Company LtdSIC26.90
Premier Insurance Company LtdPIC22.27
Nepal Insurance Company LtdNICL22.23
Shikhar Insurance Company LtdSICL21.06

Book Value

If we look after the Net Worth of Non-Life Insurance Companies. Rastriya Beema Company Limited (RBCL) is leading with book value of Rs. 2,510.14..

Moreover, Sagarmatha Insurance Co. limited also has huge book value of Rs. 240.05

Following are the top 5 companies

Name of the companySymbolBook Value
Rastriya Beema Company LtdRBCL2510.14
Sagarmatha Insurance Company LtdSIC240.05
NLG Insurance Company LtdNLG221.15
Siddhartha Insurance Company LtdSIL216.91
Shikhar Insurance Company LtdSICL215.21

Hence, these are the Top Top 5 Non-Life Insurance Companies.

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