Reinsurance News

Nepal Reinsurance Company

Himalayan Reinsurance receives operating license in Nepal

2nd June 2021

The Insurance Board, Nepal’s insurance sector regulatory authority, has given Himalayan Reinsurance an operating license, allowing them to conduct business within the country. This makes it the second reinsurer in Nepal, along with Nepal Reinsurance, after it was deemed fit to do so by Chairman of the Insurance Board, Surya Prasad ... Read the full article

Nepal Reinsurance Company continues to expand global business

30th June 2017

According to industry reports the Nepal Reinsurance Company (NRC) has been growing its international business, and collected Rs100 million (roughly US$969,500) in the first eleven months of the fiscal year. NRC is Nepal's sole reinsurer, and has clients across 15 countries, which includes United Arab Emirates, Bahrain, Papua New Guinea and a ... Read the full article