Nepal Reinsurance Company Limited
| NEPSE: 2881 | |
| Industry | Reinsurance |
| Founded | December 22, 2014, Nepal [1] |
| Headquarters | Thapathali, Kathmandu , |
Area served | Worldwide |
Key people | Ishwori Prasad Aryal (chairman) Surendra Thapa (CEO) |
| रू103 crore (US$7.6 million)[2] (2024) | |
Number of employees | 65 [3] (2022) |
| Rating | AA- (Icra Nepal) |
| Website | nepalre |
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.
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 |
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
- ^ "An Assessment of Reinsurance Practice and its Impact on Nepalese Insurance Industry" (PDF). nia.gov.np.
- ^ "Nepal Reinsurance Company Limited has posted a net profit of Rs 1.03 billion". 3 December 2025.
- ^ "NRIC Team". NepalRe.
- ^ "Nepal: First reinsurance company commences operations". www.asiainsurancereview.com.
- ^ "Nepal Re Profile" (PDF). Icranepal.com.
- ^ "Ownership structure | About Us". NepalStock.com. Retrieved 2022-11-25.
- ^ "NRIC Annual report" (PDF). nepalre.com.np. 10 December 2025.