Welcome to Everest Insurance Co. Ltd.

Everest Insurance Company has served for over 2 decades ensuring on world-class property and
casualty insurance products and services. Our insurance policies are varied in nature, and we have a
wide range of non-life insurance schemes, which will ensure that you have a life of comfort.

In today’s world of uncertainty a sense of security is not only needed but it is an essential factor of life.
Insurance provides us the security we need and keep our worries down.

With an ambition of safekeeping Nepal, Everest Insurance Company was established in 1994 – after the
privatization of insurance sector – as a public limited company and has come a long way in winning wider
customer trust . The strength of the Company lies in its smooth management, dynamic staff members and
agents.

CAPITAL PLAN
In order to comply the directives received from Beema Samiti (Insurance Board) to the
General Insurance Companies in Nepal to maintain minimum paid up capital Rs. One billion
by the end of Fiscal Year 2074/75 (2017/18), we have decided following capital plan:
 

F.Y.2073/74 F.Y.2074/75
Particulars
Amount (Rs.) Amount (Rs.)
Authorized Capital –  2,000,000,000
Paid up capital 101,250,000 133,650,000
Bonus share 20,250,000 –
Right Share (1:1.5)   (promoter) – 140,332,500
Right Share (1:3)(promoter & –
public) 821,947,500

Total Capital 121,500,000

1,095,930,000

 Everest Insurance Company (EIC) is one of the leading insurance companies in Nepal. Started in
1994 as a Public Limited company EIC has come a long way in winning trust from its more than
25,000 clients. The strength of the company lies in its management committee background, dynamic
staff of 60 members and countrywide network of 300 agents.
  What is Reinsurance?
Reinsurance is insurance that is purchased by an Insurance company (the “ceding company” under the
arrangement) from one or more other insurance companies (the “reinsurer”) directly or through a broker
as a means of risk management. It is transferring of Risk from ceding company to reinsurer.