Rastriya Beema Company Ltd. (Nepal)

The Company is engaged in pioneer professional Insurance Company to contribute toward economic development of the nation by doing non-life and life insurance business. Mobilization of internal resources and capital, production of professional, efficient insurance personnel, curbing outflow of foreign currency were the main objectives of GON at that time. This organization has never looked back since then. It has been fulfilling the afore-said objectives since its inception. RBS holds major share in the national insurance market: it holds 65 of the total life insurance market and 35 of the total non-life insurance market.
Vision:
To be a leading nonlife insurance company in Nepal.
Mission:
To make a balanced economic development as well as insurance development by establishing capable, trustable and competitive insurer in the country.
History:
1967:The Company was established as a private company on 16th December, 1967
1968: The Company later on converted to corporation under the Rastriya Beema Sansthan Act 2025 on 15th December, 1968. General/non-life business started functioning on 23 February, 1968 whereas
1973: Life business started functioning on 18th February, 1973.
1984: The Company listed on Nepal Stok Exchange in 8 November 1984.
2015:The Company s name changed from Rastriya Beema Sansthan to Rastriya Beema Company Limited with the corresponding Stock Symbol set as RBCL on June 22, 2015.