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Sagarmatha Lumbini Insurance Company Ltd. (Nepal)

Main Activities: Insurance Agencies and Brokerages
Full name: Sagarmatha Lumbini Insurance Company Ltd. Profile Updated: October 23, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The principal activities of the company are to provide various non-life insurance products through its province o ces, branches, sub-branches, and network of agents.
Vision:
Unified to build dreams.
Mission:
Our mission is to provide protection and financial security of the highest quality to the society, with the aspiration to become the customer s first choice in underwriting their risks, cultivating ourselves as a bridge for the future.
History:
1995: The Company was incorporated on Jan 31st, 1995.
1997: The Company was operated as general insurance company after obtaining license from Insurance Board of Nepal on March 16, 1997 under the Insurance Act 2079.
2001: The Company was quoted on Nepal Stock Exchange in 2001.
2023: Sagarmatha Insurance Company Limited and Lumbini General Insurance Company Limited underwent a merger at a swap ratio of 100:80 and commenced the operation under the uni ed banner of Sagarmatha Lumbini Insurance Company Limited (SALICO) on March 13, 2023.

Headquarters
Surakshan Bhawan, Bhagwati Marg Naxal, B.O Box:12211
Kathmandu; Bagmati;

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Website: http://salico.com.np

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 14, 1995
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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49%
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28.01%
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11.56%
Company Performance
Financial values in the chart are available after Sagarmatha Lumbini Insurance Company Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NPR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
99.2%
Operating profit (EBIT)
-204.33%
Net Profit (Loss) for the Period
-198.71%
Total Assets
-6.38%
Investments
-3.53%
Receivables
-7.35%
Total Equity
-4.94%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-3.03%
Loss Ratio
-4.9%
Underwriting Expenses Ratio
-474.35%

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