Kathmandu — Serious allegations have emerged against the top leadership of Nepal Reinsurance Company, including CEO Surendra Thapa and Chairman Devraj Dhungana, for reportedly compromising government investment and business stability within the organization. According to a statement issued by...

Kathmandu — Reinsurance broker companies operating in Nepal are facing operational difficulties due to regulatory limitations that prevent them from accessing foreign currency exchange facilities. The issue stems from current provisions under the Nepal Rastra Bank Act, which allow...

Mumbai (ET) — The recent crash of an Air India Boeing 787 Dreamliner near Ahmedabad is expected to result in India’s largest aviation insurance payout in Indian history, with total claims projected to surpass $120 million. The tragic incident,...

Kathmandu – Himalayan Reinsurance Limited, the first private-sector-promoted reinsurance company in Nepal, held its fourth Annual General Meeting (AGM) at Nepal Pragya Pratishthan, Kamaladi. The meeting, held on Jestha 25, 2082 (June 8, 2025), approved several key proposals, including...

Kathmandu — Nepal Reinsurance Company (Nepal Re) Limited has posted a 55.05 percent rise in net profit for the second quarter of the current fiscal year compared to the same period in the previous fiscal year. According to the...

Kathmandu — Nepal Reinsurance Company has made a total investment of Rs 22.28 billion in the third quarter of the current fiscal year, with the majority allocated to term deposits in banks and financial institutions, according to data from...

Kathmandu – Today marks the final day to secure the dividend of Himalayan Reinsurance Limited. The company has announced the book closure for dividend on Jestha 11 (May 25) to finalize the list of investors eligible for the upcoming...

Frankfurt (Reuters) — The global reinsurance giant Swiss Re has posted a 16% year-on-year rise in net profit for the first quarter of  the year 2025, defying expectations even as it absorbed $570 million in claims from devastating wildfires...

Kathmandu — Nepal Reinsurance Company Limited has reported a net profit of Rs 63.3 million for the first quarter of the current fiscal year, a significant turnaround from the net loss of Rs 475.6 million recorded in the same...

Kathmandu — Himalayan Reinsurance Limited has posted a net profit of Rs 989.3 million in the third quarter of the current fiscal year, reflecting a 6.25% year-on-year growth compared to Rs 931.1 million in the same period last year....