Nepal Reinsurance Company Limited

'Nepal Reinsurance Company '(Nepal Re) is Nepal's first reinsurance company [4] which was successor of the insurance pool that was set up in 2003 with the aim to cover the losses arising from situations like riot,sabotage or terrorism and malacious damage (RSTMD) during the Insurgency.[5]

Nepal Reinsurance Company
नेपाल पुनर्बीमा कम्पनी
NEPSE: 2881
IndustryReinsurance
FoundedDecember 22, 2014 (2014-12-22), Nepal [1]
Headquarters
Thapathali, Kathmandu
,
Nepal
Key people
Mr. Ishwori Prasad Aryal (chairman)
Mr.Shankar Kumar Rayamajhi (CEO) [2]
Number of employees
65 [3] (2022)
Websitenepalre.com.np/en

Structure

The current paid-up capital of Nepal Reinsurance is 11.65 Billion. The following table shows the percentage of shareholdings by the respective shareholders on the capital structure:[6]

S.NoOwnersOwnership (%)
1Government of Nepal44.039051
2Institutional investor39.97
3Public16

References
  1. "Nepal Reinsurance Profile" (PDF). Icranepal.com.
  2. "नेपाल पुनर्बीमाका सिइओ रायमाझीको वार्षिक तलब भत्ता ३४ लाख ५६ हजार". Insurancekhabar.com.
  3. "NRIC Team". NepalRe.
  4. "Nepal: First reinsurance company commences operations". www.asiainsurancereview.com.
  5. "Nepal Reinsurance Profile" (PDF). Icranepal.com.
  6. "Ownership structure | About Us". NepalStock.com. Retrieved 2022-11-25.
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