This study examines the impact of retaining employee's strategies on fostering commitment in Nepalese insurance companies. An employee retention strategy plays a vital role in enhancing organizational competitiveness and prevents valuable employees departing from organization. These strategies aim to address issues such as low morale, lack of career progression, and strained employeemanager relationships, ultimately improving employee satisfaction and commitment. The study employed quantitative research based on descriptive study that measures mean and standard deviation and examining the impact through multiple regression coefficients. The finding states that insurance companies have implemented a variety of strategies to retain their employees that has explored the impact of factors such as compensation, training and development opportunities, supervisor support, career opportunities, and work-life policies on employee commitment. The strongest strategies of retention are review of salary, training opportunities and performance based incentives but employee's feedback system and attitude survey received lower rating that seems for improvement. Highly committed employee's shape the future of organization objectives so companies should reassess their retention strategies, as employees' needs evolve with their career stages in line with the hierarchy of needs. Agreement with companies polices is less favorable, ongoing learning promotion and ideas sharing is most influential for employee commitment and there is complexity in policy agreement even though employee remain committed. Most employee feel compelled to leave their jobs because of lack of organizational ownership towards employees, lack of career development and job security policies, unfair compensation, lack of proper participation and sharing of ideas, lack of work recognition, lack of democratized working culture and welfare program, lack of proper human relation behavior of management and supervisors and poor physical working environment. It only provides insights for enhancing employee retention, productivity, and overall organizational success through effective retention strategies.