Nepal Reinsurance Company Limited


Nepal Reinsurance Company '' is Nepal's first reinsurance company 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 during the Insurgency. It operates under a public–private partnership model with equity participation from the Government of Nepal.

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:
S.NoOwnersOwnership
1Government of Nepal44.039051
2Institutional investor39.97
3Public16

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.