Kathmandu — Nepal Reinsurance Company Limited (Nepal Re) topped the Nepal Stock Exchange (NEPSE) in terms of share turnover during the month of Ashoj. According to NEPSE’s monthly data, Nepal Re-Insurance recorded transactions worth over Rs 3.77 billion, the...

Kathmandu – The Nepal Insurance Authority has renewed a total of 37 insurance companies, including both government-owned and private sector institutions, by the end of Ashar 2081. The renewal covers companies operating in life, non-life, reinsurance, and microinsurance sectors,...

Kathmandu – Banks have begun delisting the shares of Nepal Reinsurance Company Limited (Nepal Re) from their margin loan eligible lists, citing rising risk exposure after it was revealed that riot insurance coverage exists only under Nepal Re. Each...

Kathmandu — Nepal Reinsurance Company is facing internal difficulties after several board members stepped down in recent weeks. The situation has been further complicated by allegations of financial irregularities involving Chief Executive Officer Surendra Thapa, though he has denied...

Kathmandu — The Nepal Reinsurance Company (Nepal Re) has disbursed Rs 2.5 billion in advance payments to insurance companies to support swift claim settlements. The company made payments totaling Rs 3.5 billion over two days — on Ashoj 27...

Kathmandu – Amrit Lamsal, Deputy Director General of the Customs Department, Tripureshwor, has been appointed as the Director of Nepal Reinsurance Company Limited (Nepal Re). According to the decision made by the Ministry of Finance at the Finance Minister...

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Swiss Reinsurance Company Ltd (Switzerland) and its rated operating affiliates, all subsidiaries of Swiss Re Ltd...

Kathmandu – Surendra Thapa, Chief Executive Officer of Nepal Reinsurance Company, has filed a complaint with the Metropolitan Police Complex, Kathmandu, citing concerns for his personal safety. Thapa, who had not been seen at his office for the past...

Kathmandu – Nepal Reinsurance Company, a government-invested reinsurance firm, has commenced the claim settlement process in collaboration with Germany-based Hannover Re following the extensive arson and vandalism during the Gen Z protest on Bhadra 23 and 24. According to...

Kathmandu — Nepal Reinsurance Company has emerged as the largest company in terms of market capitalization on the Nepal Stock Exchange (NEPSE), overtaking Bishal Bazaar Company. Investor interest in Nepal Reinsurance has remained high despite recent fluctuations in the...