Neco InsuranceNon-Life / GeneralFeatured Insurer
Neco Insurance Limited
Claim Settlement Ratio
97.5%
Claims resolved against total filed
Solvency Ratio
1.84x
Regulatory minimum is 1.50x
Paid-Up Capital
NPR 201.2 Cr
Regulatory capital compliance
Branch Network
132
Nationwide service branches
About Neco Insurance Limited
Established in 1996 with backing from Rastriya Banijya Bank, Neco Insurance is a top-tier general insurer commanding strong leadership in motor insurance, agricultural crop insurance, and engineering risks across 130 branches.
Regulatory Authority
Licensed and regulated by the Nepal Insurance Authority (Nepal Beema Pradhikaran). Policyholders are protected under statutory reserve and reinsurance pooling guidelines.
Popular Insurance Policies & Plans2 Plans Available
Neco Cashless Auto Care
Immediate on-spot survey and direct settlement with partner workshops