Company:Nepal Reinsurance Company Limited

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Short description: Reinsurance company in Nepal
Nepal Reinsurance Company
नेपाल पुनर्बीमा कम्पनी
IndustryReinsurance
FoundedDecember 22, 2014; 9 years ago (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

'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]

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.No Owners Ownership (%)
1 Government of Nepal 44.039051
2 Institutional investor 39.97
3 Public 16

References

  1. ↑ "Nepal Reinsurance Profile". https://www.icranepal.com/wp-content/uploads/2019/11/73.-Rationale_Nepal-Reinsurance_Final.pdf. 
  2. ↑ "नेपाल पुनर्बीमाका सिइओ रायमाझीको वार्षिक तलब भत्ता ३४ लाख ५६ हजार". https://insurancekhabar.com/2022/01/132621/. 
  3. ↑ "NRIC Team". https://nepalre.com.np/en/recent-employee. 
  4. ↑ "Nepal: First reinsurance company commences operations". https://www.asiainsurancereview.com/Magazine/ReadMagazineArticle?aid=36033. 
  5. ↑ "Nepal Reinsurance Profile". https://www.icranepal.com/wp-content/uploads/2019/11/73.-Rationale_Nepal-Reinsurance_Final.pdf. 
  6. ↑ "Ownership structure | About Us". https://nepalstock.com/company/detail/2881. 

External links



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