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Thursday, February 25, 2010






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Brief Profile-2 (life & non Life)
Be Happy Like This With Insurance
NB Insurance Company Limited
Head office address: P.O. Box: 21746, Lal Durbar


Promoters
The prominent Bankers, enterpreneurs and leading industrialists- NB group, Nepal Credit and commerce Bank Ltd, Nepal Bangladesh Bank, Nepal Sri lanka Merchant Bank and vast experienced persons in life Insurance industry for more than 3 decades, have jointly promoted NB INSURANCE COMPANY LIMITED.
Objectives: The main objective of the company is to provide wide range of financial security due ro physical loss of the property caused by insured perils and the best and new area of insurance services required to the clients.

1) Reinsurance Agreement:

The company has arranged automatic reinsurance treaties with the companies of the first class securities. They are:
1) General Insurance Corporation of India
2) African Reinsurance Corporation
3) Kenya Re, Bimeh Iran

2) Management Team:

The company is professionaly managed by a team of highly experienced, trained, dedicated, staff and also represent the board of directors whom the company has been fortunate enough to obtain within the country itself.

3) We Provide Following Insurance Policies:

+ Motor Insurance +Fire Insurance +Marine Cargo Insurance + Engineering Insurance + Aviation Insurance
+ Miscellaneous Insurance

- Personal Accident Insurance - Group personal Accident Insurance - Medical Hospitalization Insurance - Overseas travel & Medical Insurance
- Burglary & Housebreaking Insurance - Cash in Transit/Safe/ Vault Insurance - fidelity guarantee Insurance - Plate glass Insurance - Professional Insurance
- Public Liability - Medical Estabilishment Insurance - Bankers Indemnity Insurance - All Risks Insurance - Poultry Insurance - Student Safety Insurance


Prime Life Insurance Company Ltd.
Head office: P.O.Box:25979, Hattisar, Kathmandu

INTRODUCTION

Prime Life Insurance Company was initiated by Khetan Group and was incorporated as a public limited company in june 2007. The company commenced its operation from 4th june 2008. The share holding constitutes of the promoters holding 70 percent and 30 percent is to be offered to general public. The promoters represent Nepal's leading and highly prominent business groups having widely diversified business interest and expertise. Laxmi bank Limited, one of the leading commercial bank of Nepal , is one of the major promoters with 15 percent stake. We have recently offered equity shares to the public.
At prime we believe in innovation, superior customer services, transparency, and good geverence. Customer delight is our guiding principle and delivering Life Insurance products to meet the requrements of all segments of our customers base supported by the best technology is our business philosophy.

OUR MISSION

Our Mission is to provide complete range of Life Insurance products bundled with innovation and superior customer services in order to acieve excellent business growth and provide superior value to all our stakeholders.

OUR VISION
We envision becoming:
Providet of most innovative life insurance products, excellent services and strong financial security to our customers The preferred employer in the life Insurance Sector.
We expect to achieve our overall vision and become one of the leading life insurance in Nepal over a period of time through a professional management team, dynamic and progressive work Culture, good generence, innovative products and focus on customer services.

PRODUCTS
We have, at present, offered the following life Insurance products to our valued customers:
Endowment Insurance Plan: Prime Saral Jeevan Insurance Plan
Money Back Insurance Plan: Prime Dhan Sagar Insurance Plan(15 yrs & 20 Yrs)
Children Insurance Plan Prime Swarnim Insurance Plan
Expartiate Insurance Plan Prime Karmashil Insurance Plan

We expect to offer the following Products in the near future:
# Mortgage Redemtion Plan # Endowment with whole life cover
# Group term Insurance # Endowment With Guranteed Additions
# Micro Insurance Products.

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