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Nepal Insurance Industry - Key Trends and Opportunities to 2026

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    Report

  • 54 Pages
  • January 2023
  • Region: Nepal
  • GlobalData
  • ID: 5758619
The publisher's 'Nepal Insurance Industry - Key Trends and Opportunities to 2026' report provides in-depth market analysis, information and insights into the Nepalese insurance industry.

This report provides a detailed outlook by product category for the Nepalese insurance industry.

It provides values for key performance indicators such as gross written premium, penetration, premium accepted and ceded, profitability ratios, and premium by line of business, during the review period (2017-21) and forecast period (2021-26).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Nepalese economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together the publisher's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Key Highlights

  • Key insights and dynamics of the Nepalese insurance industry.
  • A comprehensive overview of the Nepalese economy, government initiatives and investment opportunities.
  • The Nepalese insurance regulatory framework's evolution, key facts, taxation regime, licensing and capital requirements.
  • The Nepalese insurance industry's market structure giving details of lines of business.
  • Nepal's reinsurance business's market structure giving details of premium ceded along with cession rates.
  • Details of the competitive landscape and competitors' profiles.

Scope

This report provides a comprehensive analysis of the Nepal insurance industry:

  • It provides historical values for the Nepalese insurance industry for the report's 2017-21 review period, and projected figures for the 2021-26 forecast period.
  • It offers a detailed analysis of the key categories in the Nepalese insurance industry, and market forecasts to 2026.
  • It profiles the top life insurance companies in Nepal and outlines the key regulations affecting them.

Reasons to Buy

  • Make strategic business decisions using in-depth historic and forecast market data related to the Nepalese industry, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Nepalese insurance industry.
  • Assess the competitive dynamics in the Nepalese insurance industry.
  • Identify growth opportunities and market dynamics in key product categories.

Table of Contents

  • Executive Summary
  • Economy Overview
  • Country Risk Index (GCRI) 2022
  • Regulatory and Compliance
  • Key Market Trends
  • Life Insurance Overview
  • Penetration and Growth
  • Premiums and Key Lines of Business
  • General Insurance Overview
  • Penetration and Growth
  • Premiums and Profitability
  • Lines of Business Breakdown
  • Reinsurance Overview
  • Reinsurance Ceded Premiums
  • Appendix

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Prime Life Insurance
  • Union Life Insurance (Nepal)
  • Rastriya Beema Sansthan
  • Life Insurance Corporation (Nepal)
  • MetLife Alico Insurance (Nepal)
  • Asian Life Insurance
  • National Life Insurance (Nepal)
  • Nepal Life Insurance