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Sagarmatha Insurance Co. Ltd., First Foreign Joint Venture Company of Nepal


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Sagarmatha Insurance Co. Ltd., First Foreign Joint Venture Company of Nepal in General Insurance industry, consolidated in 1996. Its Joint Venture Partner, Ceylinco Insurance PLC, is a main insurance agency in Sri Lanka. This organization is perceived as an industry pioneer in item advancement, protection claims administration and granted as one of the main four general insurance agencies in Asia rivaling more than 1,000 insurance agencies. Ceylinco got this prestigious honor at the fourth Asia Insurance Industry Awards Ceremony 2000, held in the Philippines.

Sagarmatha Insurance Co. Ltd is one of the biggest private segment general insurance agency in Nepal with a Gross Written Premium (GWP) of Rs. 1,115,232,400 for the financial year 2015/16. The organization issues more than 81,388 approaches and settled more than 4236 cases amid this day and age. Toward the finish of financial year 2015/16 the organization had an Authorized Capital of Rs.500 million, Issued Capital 400 Million and Paid up Capital of Rs.258.36 million, being approved by Insurance Board of Nepal Compliance with the Insurance Act, 2049.

Overseen by a group of involvement and devoted experts, Sagarmatha Insurance Co. Ltd is growing its system the nation over and is today present in 32 Branches spread crosswise over 27 urban areas with a worker base of more than 160 experts. The Company additionally has a wide conveyance arrange including corporate operators other than its own particular direct deals compel.

Sagarmatha Insurance Co. Ltd; fused in 1996 has been advanced by the noticeable business visionaries and driving mechanical Groups like Salt Trading Corporation, Golchha Organization, Jyoti Group, MC Group, Nepal Construction and Engineering Corporation, among others we keep on bringing imaginative protection answers for clients at their doorsteps.

Vision: To be a market pioneer and reliable organization in the field of private general protection in Nepal for our esteem creation to clients and shareholders.

Mission: To bring inventive protection arrangements at client's doorsteps shielding them from money related dangers.

Destinations: To build piece of the overall industry, premium income, hold and increment client base by making brand esteem. We give enough needs as indicated by the client desire through our client benefit and including an incentive as an end-result of premium and guarantee more noteworthy consumer loyalty.
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