IGI Prudential insurance Limited

IGI Prudential Insurance Limited is the result of a landmark merger between IME General Insurance Limited and Prudential Insurance Company Limited, two long-established players in Nepal’s insurance sector. Former IME General Insurance commenced operations on February 1, 2001, with a paid-up capital of NPR 1,803.751 million, while Prudential Insurance began operations on June 20, 2002, with a paid-up capital of NPR 1,225.58 million. The two companies officially merged and started joint operations under the new name IGI Prudential Insurance Limited on May 10, 2023. Today, with a paid-up capital of NPR 3,029.33 million, IGI Prudential Insurance holds the distinction of having the highest capital base among all general insurance companies in Nepal. The company is promoted by a strong consortium of industrialists and business groups engaged in banking, trading, energy, automobiles, tourism, hydropower, and other key sectors. As a unified entity, IGI Prudential Insurance is committed to delivering high-quality, stable, and expert general insurance services, leveraging the synergy created through the merger. The company focuses on operational excellence, strong governance, and creating long-term value for stakeholders through its mission-driven and value-based approach. IGI Prudential aims to continuously innovate and introduce products that meet the evolving needs of the Nepalese market. With a dedication to trustworthy service, market leadership, and sustainable growth, IGI Prudential Insurance Limited stands as a strengthened force in Nepal’s general insurance industry, contributing significantly to the nation’s financial sector.