The LIC of India also established Bangladesh Life Insurance Company (LIC) Limited on 14 December 2015 between Life Insurance Company of India, Strategic Equity Management Ltd and Mutual Trust Bank Ltd. The registered capital and paid-up share capital of the company are Rs 3 billion and Rs 2 billion respectively.
Aditya Birla Sun Life Insurance operates with the customer in mind and therefore offers a wide range of products such as Unit Link Plans, Term Insurance Plans, Donation Plans, Group Insurance, Repayment Plans and more. Bajaj Allianz Life Insurance was established in 2001 Bajaj Allianz Life Insurance is a joint venture between Bajaj Finserv Ltd. and European financial company Allianz SE.
Exide Life Insurance believes in providing more than just life insurance, including personalized or needs-based plans, to help people become financially secure in the long term. Rastrya Beema Company Limited is a separate general insurance business of Rastrya Beema Sansthan (RBS) through the mobilization of domestic Nepalese resources. Rastriya Beema Company Limited is a publicly traded company (RBCL) incorporated by the Government of Nepal. In an effort to protect Nepal, Everest Insurance Company was founded in 1994 - after the privatization of the insurance industry - as a public limited company and has come a long way to gain wider customer confidence.
The main goal of Everest Insurance Company is to communicate to people why insurance is needed in modern life and we strive to do this with absolute professionalism. Everest Insurance Company's view of life and possible pitfalls helps to understand the needs of ordinary people, so as to provide quality services. Although the Nepalese government has increased the paid-in capital of new and old registered companies, this has not stopped new companies from entering the insurance market. The two joint ventures (JVs) between Kenindia Assurance Co. Ltd. in Nairobi, Kenya and Saudi India Cooperative Insurance Company (SICCI) in Riyadh, Kingdom of Saudi Arabia. Life; two joint ventures, LIC (Nepal) Ltd. and SICCI, are listed in each of the two joint ventures.
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