Shikhar Insurance
RecommendedNon-life insurer · Licensed by the Nepal Insurance Authority
Highest market share (13.29%) among non-life insurers with 2 lakh+ customers and 115 branches.
- shikharinsurance.com
- 01-4246101
- sales@shikharinsurance.com
- Shikhar Biz Centre, Thapathali, Kathmandu
SajiloBima is not affiliated with Shikhar Insurance and takes no commission. Buy directly from the insurer.
The same price at every insurer
Motor premiums are set by the Nepal Insurance Authority’s tariff, so Shikhar Insurance charges the tariff rate.
Shikhar Insurance's motor insurance by year
| Fiscal year | Policies issued | Premium | Claims paid | Amount paid |
|---|---|---|---|---|
| 2082/83 | 1,75,551 | Rs 194.7 crore | 7,355 | Rs 155.8 crore |
| 2081/82 | 1,63,642 | Rs 164.5 crore | 6,552 | Rs 108.8 crore |
| 2080/81 | 1,58,188 | Rs 150.6 crore | 5,244 | Rs 83.9 crore |
From the Nepal Insurance Authority's year-end figures; each year links to its source. Policies issued are new policies, so renewals are likely not counted. The latest year is unaudited.
Who sells the most
The price is the same at every insurer, so size is one of the real differences between them.
Shikhar Insurance
3rdof 14
3,36,002 policies in FY 2082/83 · Rs 6.51 bn premium · +8% on FY 2081/82
| Rank | Insurer | Policies, FY 2082/83 | vs FY 2081/82 | Premium |
|---|---|---|---|---|
| 1 | United Ajod Insurance | 4,19,526 | +40% | Rs 3.12 bn |
| 2 | Himalayan Everest Insurance | 3,55,508 | +27% | Rs 5.37 bn |
| 3 | Shikhar InsuranceThis insurer | 3,36,002 | +8% | Rs 6.51 bn |
| 4 | NECO Insurance | 3,05,982 | +5% | Rs 3.66 bn |
| 5 | Siddhartha Premier Insurance | 2,70,679 | −9% | Rs 4.32 bn |
| 6 | Sagarmatha Lumbini Insurance | 2,69,998 | −3% | Rs 5.42 bn |
| 7 | IGI Prudential Insurance | 2,37,708 | +7% | Rs 4.55 bn |
| 8 | NLG Insurance | 2,23,911 | +13% | Rs 4.21 bn |
| 9 | Nepal Insurance Company | 1,96,490 | +1% | Rs 2.22 bn |
| 10 | Sanima GIC Insurance | 1,28,203 | −3% | Rs 3.08 bn |
| 11 | Prabhu Insurance | 1,14,613 | −7% | Rs 2.02 bn |
| 12 | The Oriental Insurance Company | 48,946 | +9% | Rs 3.25 bn |
| 13 | Rastriya Beema Company | 31,687 | −80% | Rs 1.58 bn |
| 14 | National Insurance Company | 26,942 | −5% | Rs 1.29 bn |
Policies and premium across each insurer’s whole non-life business — motor, property, travel and more; no insurer publishes a motor-only count. Source: Nepal Insurance Authority, non-life business data for FY 2082/83.
Plans we list
3 from Shikhar Insurance, with what each one covers.