60 Lakh Units IPO share of Sanima Life Insurance is in SEBON IPO Pipeline

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 ABOUT SANIMA LIFE INSURANCE COMPANY

Nepali Sanima Life Insurance Limited (SLIL) was incorporated under the Companies Act, 2063 on 2064/08/13. Beema Samiti awarded the operating license on 2074/05/07 as per Sub-clause 3 of Clause 10 of Insurance Act, 2049 and Sub-rule 1 of Rule 8 of Insurance Regulations, 2049 to conduct business of Life Insurance and the company started its commercial operations on 2074/08/22. Promoted by Non Residents Nepalese (NRN), who have investment in Finance, Banking, Hydropower and Tourism etc in Nepal, Sanima Life Insurance aims to be a trusted name in the Life Insurance Sector of Nepal. Sanima Bank is the major promoter of Sanima Life Insurance Limited.


Sanima Life Insurance 


Sanima Life Insurance is committed to provide an entirely new experience to the insuring public in Nepal through state-of-art technology and variety of options in respect of products. For Sanima Life, everyone the new born, the youth and the senior citizen, is a potential customer to be served with financial security for their loved ones and innovative financial solutions for themselves. We are here to offer an excellent insurance service to our customers through courtesy and transparency in all our interactions because for us every customer matters.

IME Life Insurance IPO issue is in process

The promoters of Sanima Life Insurance have a long-term commitment towards their customers and stake holders. These strengths and values have been inherited by Sanima Life Insurance, as we make our way to becoming one of the leading company in the Nepalese Life Insurance Industry.


SANIMA LIFE INSURANCE IPO ISSUE


 

Company Name

Sanima Life Insurance

Total IPO Share

60 Lakh Unit

IPO Issue Manager

Prabhu Capital Ltd.

SEBON Application Date

2078/02/09


3rd AGM::including IPO issue proposal

ICRA Nepal Rating of IME Life Insurance

IME Life Insurance Company has received a 'CareNP Triple B (BBB)' rating for IPO issuance. According to rating agency CARE Nepal, the rating indicates that the company is able to meet its financial obligations on time.

Also Read 

IPO Issue of Sanima General Insurance Ltd


AUTHORIZED AND PAID UP CAPITAL:

The authorized capital of the company is NRs 300 crore and Issued and Paid up Capital is NRs 140 crore. As per regulatory provision, Sanima Life will issue IPO of NPR 60 crore, after which paid up capital will be 200 crore. 70% of issued capital has been subscribed by the promoters and 30% of the issued capital will be allotted to the public through IPO as per regulation in this regard.

77/78 – Third Quarter (Financial)


RE-INSURANCE :

For healthy and scientific distribution and management of risk, the company has made re-insurance agreement with the domestic reinsurer: Nepal Reinsurance Company.


VISION & MISSION STATEMENT:

To be the leading life insurance company in Nepal through continuous innovation, presenting the best value to it’s customers through financial security, long term prosperity through best returns and impeccable service, thus improving the quality of life of Nepalese people while contributing to overall national development.





SPECIAL VALUES:

S – SECURITY AND SERVICE

Sanima Life endeavors to provide financial security to all through best service and value added products

P – PROSPERITY

Sanima Life shall never compromise with the ethical standards for a healthy growth of itself and it’s stakeholders

E – ETHICS

Sanima Life envisions a nation with all it’s citizens leading a prosperous lifestyle and secured future

C – CORPORATE GOVERNANCE

Sanima Life aspires to develop and imply the best corporate governance, that shall further strengthen the impact of all other corporate values.

I – INTEGRITY

Sanima Life shall maintain the highest level of integrity and transparency thus gaining the trust and credibility of all it’s stakeholders

A – ACCESSIBLE

Sanima Life shall make itself highly available to all public through expansion and provide the best service in the most convenient manner.

L – LEADERSHIP

Sanima Life shall endeavor to lead the life insurance industry of Nepal through innovation in products and process and by adopting the best practices from around the globe.


SANIMA LIFE INSURANCE PRODUCT LIST DETAILS:


  1. Sanima Dampati (Joint Life) Endowment Plan DOWNLOAD Brochure

  2. Sanima Baal Saugat (Child Endowment) Jeevan Beema DOWNLOAD Brochure

  3. Sanima Saral (Regular Or Single Payment Endowment) Life Assurance Plan DOWNLOAD Brochure

  4. Sanima Term Life Insurance DOWNLOAD Brochure

  5. Sanima Dirghayu (Endowment Cum Whole Life) Life Assurance Plan DOWNLOAD Brochure

  6. Sanima Jeewan Shree (Limited Payment Endowment) Life Assurance Plan DOWNLOAD Brochure

  7. Sanima Dhanapati (Money Back Endowment) Life Assurance Plan DOWNLOAD Brochure

  8. Sanima Subha Laxmi (Endowment) Life Assurance Plan DOWNLOAD Brochure

  9. Sanima Dhan Sanchaye (Limited Payment Endowment Cum Whole Life) Life Assurance DOWNLOAD Brochure

  10. Sanima Barsik Dhan Firta ( Annual Money Back Endowment) Life Assurance Plan DOWNLOAD Brochure


Contact Details:


Email: 

sanima@sanimalife.com 

Telephone: 

01-4438886


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