Nepal Insurance Authority Directs Foreign Reinsurance Brokers to Establish Offices
March 24th, 2025
Kathmandu – The Nepal Insurance Authority has instructed foreign reinsurance brokers to establish offices in Nepal within three months, in line with the Reinsurance Directive for Life Insurance, 2080.
According to the directive, reinsurance brokers listed with the authority and holding a valid listing number are required to establish a joint venture company, branch, or liaison office in Nepal within six months.