General Insurance commences its service from Ashard 6; Target to open 45 branches within next F/Y

A new non-life Insurance has been added to the list of 17 listed non-life insurance of Nepal.

General Insurance has incorporated its service from corporate office located at Hattisar, Kathmandu from Ashard 6, 2075.

The Insurance company capital has to be as directed by the Insurance Board which is 1 arba. The promoter holding is 70% and the company will issue 30% shares to the public in near future. 

The company has the target to extend its service to 45 branches all over Nepa within next fiscal year.