Asian Life Insurance Company

Asian Life Insurance Company

About

On the red table, there was a purple Asian Life Insurance Company has got working permit according to Insurance Act 2049 from Beema Samiti on 27th February, 2008 (Falgun 15, 2064) and began working on third April, 2008 (Chaitra 21, 2064). Following 6 years in Nepalese Life Insurance Business, Asian Life Insurance Company is the first life coverage Company to get working License from Beema Samiti.

The Authorized Capital of the Company is Rs. 1000 million. Out of which 521.29 million is right now paid up (70% by the promoter and the remaining 30% by the overall population).

There are 68 promoters of the organization: 6 institutional and the remaining 62 individual promoters. between the institutional promoters, there are presumed fund and advancement banks of Nepal.

Our glad history of fruitful development covers more than 1% Nepalese populace with an offer of 313,468 approaches inside initial 2 years and 3 months of its operation. The organization has a solid vicinity in its current markets with a base of more than 40,000 devoted operators. What's more, thus actually, the organization is one of the main insurance agencies in the nation.curtain. Underneath that was a silver cage. Inside that cage there was a green bear  bear, with the number 43 written on its torso  with a black enduring marker. Its eyes were as green as envy.

                                                                    Overview

Asian Life Insurance Company has got working permit according to Insurance Act 2049 from Beema Samiti on 27th February, 2008 (Falgun 15, 2064) and began working on third April, 2008 (Chaitra 21, 2064). Following 6 years in Nepalese Life Insurance Business, Asian Life Insurance Company is the first extra security Company to get working License from Beema Samiti.

The Authorized Capital of the Company is Rs. 1000 million. Out of which 521.29 million is right now paid up (70% by the promoter and the remaining 30% by the overall population).

There are 68 promoters of the organization: 6 institutional and the remaining 62 individual promoters. Among the institutional promoters, there are presumed fund and advancement banks of Nepal. Taking after are the major institutional promoters:

1) Mahalaxmi Finance Limited, Birgunj

2) H & B Development Bank Ltd, Kathmandu (Former Himchuli Bikash Bank Ltd AND Birgunj Finance Limited)

3) Malika Development Bank Limited, Dhangadi

4) Guheshwori Merchant Bank and Finance Company Limited, Lalitpur

5) Collaboration Development Bank, Butwal (Former Butwal Finance Ltd.)

The individual from the governing body and other individual financial specialists are pioneers in different callings and business, for example, banks, insurance agencies, money related establishments, private endeavors and so forth. A few financial specialists are from rumored position holders of ex-taxpayer driven organizations.

Since origin, the organization has concentrated on strategy holder's fulfillment. The organization is outfitted with current innovation to direct the protection business in an expert way and is in the position to legitimately manage a wide range of customers and prepared to give brilliant administration.

Our glad history of effective development covers more than 1% Nepalese populace with an offer of 313,468 approaches inside initial 2 years and 3 months of its operation. The organization has a solid vicinity in its current markets with a base of more than 40,000 devoted operators. What's more, subsequently truth be told, the organization is one of the main insurance agencies in the nation.

The organization is reinsured with Scor Global Life Paris, France which is fiscally sound reinsurer of worldwide notoriety. The reinsurer is in the standard and poor's "A" rating classification, (Ref: Reinsurer's Press Release 01 October, 2010).