Nepal Reinsurance Company Limited
| NEPSE: 2881 | |
| Industry | Reinsurance |
| Founded | December 22, 2014, Nepal [1] |
| Headquarters | Thapathali, Kathmandu , |
Key people | Mr. Ishwori Prasad Aryal (chairman) Mr.Surendra Thapa (CEO) |
Number of employees | 65 [2] (2022) |
| Website | nepalre |
Nepal Reinsurance Company (Nepal Re) is Nepal's first reinsurance company [3] 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.[4]
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:[5]
| S.No | Owners | Ownership (%) |
|---|---|---|
| 1 | Government of Nepal | 44.039051 |
| 2 | Institutional investor | 39.97 |
| 3 | Public | 16 |
References
- ^ "Nepal Reinsurance Profile" (PDF). Icranepal.com.
- ^ "NRIC Team". NepalRe.
- ^ "Nepal: First reinsurance company commences operations". www.asiainsurancereview.com.
- ^ "Nepal Reinsurance Profile" (PDF). Icranepal.com.
- ^ "Ownership structure | About Us". NepalStock.com. Retrieved 2022-11-25.