Sagarmatha Insurance Co. Ltd. incorporated in 1996 has been promoted by the prominent entrepreneurs and leading industrial Groups – Salt Trading Corporation, Golchha Organisation, Jyoti Group, MC Group, Narayani National Finance Ltd. Nepal Construction and Engineering Corporation and other promising entrepreneurs.
Sagarmatha Insurance Co. Ltd., First Foreign Joint Venture Company of Nepal in General Insurance, with Joint Venture Partner Ceylinco Insurance PLC of Sri Lanka who has been awarded “CNCI Achievers Industrial Excellence – 2002” Gold Medal by The Ceylon National Chamber of Industries among the best industry in the SAARC region.
Our Joint Venture Partner, Ceylinco Insurance PLC is Leading Insurance Company in Sri Lanka, who is internationally recognised as an Insurance industry leader in product innovation, was placed within the top four General Insurance Companies in Asia, competing with over 1,000 insurance companies and received this prestigious award at the fourth Asia Insurance Industry Awards Ceremony 2000, held in the Philippines.
Sagarmatha Insurance Co. Ltd. has an Authorised Capital of Rs.200 million, Issued Capital 150 Million and Paid up Capital of Rs. 129.1 million, thus fully authorised by Insurance Board of Nepal complying with Insurance Act, 2049 .
The company is professionally managed by a team of highly experienced and dedicated executives.
The Company is rendering services from its Corporate office “Surakshan Bhawan” Naxal Kathmandu and 17 Branches all over Nepal.