Nepal Reinsurance Company Limited

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Nepal Reinsurance Company
नेपाल पुनर्बीमा कम्पनी
NEPSE:  2881
Industry Reinsurance
FoundedDecember 22, 2014;11 years ago (2014-12-22), Nepal [1]
Headquarters
Thapathali, Kathmandu
,
Nepal
Area served
 Worldwide
Key people
Mr. Ishwori Prasad Aryal (chairman)
Mr.Surendra Thapa (CEO)
Increase2.svg रू 103 crore (US$7.6 million) [2]  (2024)
Number of employees
65 [3]  (2022)
RatingAA- (Icra Nepal)
Website nepalre.com.np

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 malicious damage (RSTMD) during the Insurgency. [5] It operates under a public–private partnership (PPP) model with equity participation from the Government of Nepal.

Contents

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 (%)
1 Government of Nepal 44.039051
2 Institutional investor 39.97
3 Public 16

Services

Nepal Re provides reinsurance support to both life and non-life insurers.
Domestically, its portfolio includes treaty, direct session, facultative, RSM/DST, agriculture, motor third-party liability pool, foreign employment pool, and aviation business, partnering with various local non-life insurance companies and life insurance companies depending on the product line.
Internationally, it offers treaty support in 13 countries and facultative reinsurance in 32 countries. [7]

References

  1. ↑ "An Assessment of Reinsurance Practice and its Impact on Nepalese Insurance Industry" (PDF). nia.gov.np.
  2. ↑ "Nepal Reinsurance Company Limited has posted a net profit of Rs 1.03 billion". 3 December 2025.
  3. ↑ "NRIC Team". NepalRe.
  4. ↑ "Nepal: First reinsurance company commences operations". www.asiainsurancereview.com.
  5. ↑ "Nepal Re Profile" (PDF). Icranepal.com.
  6. ↑ "Ownership structure | About Us". NepalStock.com. Retrieved 2022-11-25.
  7. ↑ "NRIC Annual report" (PDF). nepalre.com.np. 10 December 2025.
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