Sagarmatha Insurance Co. Ltd., First Foreign Joint Venture Company of Nepal in General Insurance industry, incorporated in 1996. Its Joint Venture Partner, Ceylinco Insurance PLC, is a leading insurance company in Sri Lanka. This company is recognized as an industry leader in product innovation, insurance claims management and awarded as one of the leading general insurance companies in Asia competing with over 1,000 insurance companies. Ceylinco received this prestigious award at the fourth Asia Insurance Industry Awards Ceremony 2000, held in the Philippines.