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INSURANCE AND ITS BUSINESS IN Nepal People live in society. Society is full of risks and uncertainty. Insurance is a device providing financial compensation to those who suffer from misfortune. In orther words, insurance is the best means for security to human life and property from various risks. It is a kind of investment, from which one gets return only when certain loss occurred from predetermined incidents This study aims mainly to analyze the performance of Insurance business in Nepal The data used in this study is mainly quantitative and analysis has bee carried out by using simple percentage and correlation coefficient. The study reveals that there are altogether 27 insurance companies out of which 8 companies provide life insurance while 17 companies provide non-life insurance and 2 insurance companies offer both life and non-life services. They have branch offices in valley and outside of valley. The growth of insurance policies for both life and non-life insurance companies ...