Siddhartha Premier Insurance
Non-life insurer · Established 2023 · Licensed by the Nepal Insurance Authority
Formed through merger of Siddhartha Insurance and Premier Insurance Company.
- siddharthapremier.com.np
- 01-5705766
- siddharthapremier@spil.com.np
- Siddhartha Premier Bhawan, Babarmahal, Kathmandu
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The same price at every insurer
Motor premiums are set by the Nepal Insurance Authority’s tariff, so Siddhartha Premier Insurance charges the tariff rate.
Siddhartha Premier Insurance's motor insurance by year
| Fiscal year | Policies issued | Premium | Claims paid | Amount paid |
|---|---|---|---|---|
| 2082/83 | 1,50,848 | Rs 144.1 crore | 6,852 | Rs 111.1 crore |
| 2081/82 | 1,67,801 | Rs 138.6 crore | 6,846 | Rs 96.8 crore |
| 2080/81 | 1,66,778 | Rs 142.4 crore | 6,312 | Rs 93.3 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.
Siddhartha Premier Insurance
5thof 14
2,70,679 policies in FY 2082/83 · Rs 4.32 bn premium · −9% 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 Insurance | 3,36,002 | +8% | Rs 6.51 bn |
| 4 | NECO Insurance | 3,05,982 | +5% | Rs 3.66 bn |
| 5 | Siddhartha Premier InsuranceThis insurer | 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
Motor, health, property and travel cover from Siddhartha Premier Insurance are compared on their own pages: motor prices, health, property and travel.