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Shikhar Insurance Co. Ltd. (Nepal)

Main Activities: Insurance Agencies and Brokerages
Full name: Shikhar Insurance Co. Ltd. Profile Updated: June 19, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company is engaged in providing various non life insurance products.
The Company s vision:
To be the leading insurance company of nepal with innovative and reliable insurance solutions at par with the international standards
A vision statement describes what a company desires to achieve in the long-run, generally in a time frame of five to ten years. Likewise, a goal is an endpoint, accomplishment or target a company wants to achieve in the short term.
SICL is a company with a vision geared up to face every challenge that persists in the insurance industry.
The challenges are developing policies as per the requirement of clients at an economical price, filling the void of the acute shortage of technical manpower in the insurance industry, introducing new products at par with international standards, and creating capacities within the markets so that the outflow of the precious convertible currency can be minimized, etc.
We believe that the relationship between the insured and the insurer is of confidence and trust. Our goal is to set the standard for the insurance industry by providing quality service that meets customers' expectations. The company has the right combination of dedicated service-oriented professionals whom one can always trust for excellent service.
The Company s mission:
To deliver exceptional value to customers through a comprehensive range of insurance services
Guarantees to provide its policy holders the best available insurance protection and prompt settlement of claims when needed”
History:
2004: The Company was established on 7 June 2004 started operating on 17 November , 2004
The Company listed in nepal stock exchange.

Headquarters
Shikhar Biz Centre, Thapathali, Fourth To Seventh Floor, P.O. Box: 10692
Kathmandu; Bagmati;

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Website: http://www.shikharinsurance.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
December 29, 2025
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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42.14%
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8.86%
Subsidiaries
Central Finance Ltd.
1.98%
Company Performance
Financial values in the chart are available after Shikhar Insurance Co. 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
-5.8%
Operating profit (EBIT)
77.78%
Net Profit (Loss) for the Period
96.93%
Total assets
4.99%
Investments
11.15%
Receivables
18.12%
Total equity
9.69%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
3.68%
Loss Ratio
14.45%
Underwriting Expenses Ratio
-6.36%

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