Draft:Himalayan Reinsurance Limited
Reinsurance company in Nepal
From Wikipedia, the free encyclopedia
Himalayan Reinsurance Limited (Nepali: हिमालयन रिइन्स्योरेन्स लिमिटेड) is a reinsurance company based in Kathmandu, Nepal. It is the first private-sector reinsurance company established in the country and second reinsurer overall [5][6] following the state-owned Nepal Reinsurance Company Limited (Nepal Re).
Submission declined on 19 June 2026 by CopyleftEverything (talk).
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
|  |
Submission declined on 17 December 2025 by Fermiboson (talk). This draft's references do not show that the subject meets Wikipedia's criteria for inclusion for organizations and companies. The draft requires multiple published secondary sources that:
Declined by Fermiboson 6 months ago.
| |
Submission declined on 11 December 2025 by DoubleGrazing (talk). This draft's references do not show that the subject meets Wikipedia's criteria for inclusion for organizations and companies. The draft requires multiple published secondary sources that:
Declined by DoubleGrazing 6 months ago.
| |
Comment: See WP:SOLUTIONS and WP:NPOV. Rewrite article in neutral & encyclopedic for tone & content. CopyleftEverything (talk) 08:43, 19 June 2026 (UTC)
- Comment: No change since last submission. Fermiboson (talk) 15:16, 17 December 2025 (UTC)
- Comment: Zero evidence of notability per WP:NCORP. DoubleGrazing (talk) 07:26, 11 December 2025 (UTC)
 | This is a draft article. It is a work in progress open to editing by anyone. Please ensure core content policies are met before publishing it as a live Wikipedia article. Find sources: Google (books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL Last edited by CopyleftEverything (talk | contribs) 5 days ago. (Update)
Finished drafting? |
| NEPSE: 9234 | |
| Industry | Reinsurance |
| Founded | July 2021.[1] |
| Headquarters | , |
Area served | Worldwide |
Key people | Uday Kumar Niraula (chairman) Upasana Poudel (CEO) |
 रू139 crore (US$9.1 million)[2] (2024) | |
Number of employees | 31[3] (2024) |
| Rating | B+ (Am best)[4] |
| Website | himalayanre |
History
Himalayan Reinsurance was established to increase the domestic retention of reinsurance premiums within Nepal. Prior to its establishment, Nepal Reinsurance Company Limited (Nepal Re) was the sole domestic reinsurer in the country.[7]
The company received its operating license from the insurance regulatory authority Nepal Insurance Authority in June 2021 and formally commenced operations in July 2021.[6] [8]
In December 2023, the company issued an Initial Public Offering (IPO) to the general public at a premium price. Following the allotment, it became the second reinsurance company to be listed on the Nepal Stock Exchange (NEPSE). Trading of its shares began in January 2024 under the symbol HRL.[9]
Ownership
Capital Structure As of late 2025, the company has a paid-up capital of approximately NPR 10.86 billion.[10] The shareholding structure is divided between promoter shares (70%) and public shares (30%).[11]
Promoters The company is promoted by a consortium of major Nepali business groups and financial institutions, including the Golchha Group, Shanker Group, Infinity Holdings, and state-owned banks such as Nepal Bank Limited and Rastriya Banijya Bank.[12]
Services
Himalayan Re provides both treaty and facultative reinsurance solutions for both life and general (non-life) insurance.
International Expansion:The company received approval from the insurance regulatory authority (Nepal Insurance Authority) in January 2024 to operate as a cross-border reinsurer in India.
[13][14]
[15]
It also conducts business in other global markets, including Asian and African continents.[16]
Regulatory Action and Business Suspension
In May 2026, the Nepal Insurance Authority temporarily suspended Himalayan Reinsurance Limited from undertaking new reinsurance business under Section 136 of the Insurance Act, citing ongoing regulatory investigations and compliance concerns.[17]
Wikipedia articles must be written neutrally in a formal, impersonal, and dispassionate way. They should not read like a blog post, advertisement, or fan page. Rewrite the draft to remove:
Instead, only summarize in your own words a range of independent, reliable, published sources that discuss the subject.
If you have a conflict of interest (e.g. you are the subject, an employee, or a relative) or are being paid to edit, you must disclose this to comply with Wikipedia's Terms of Use.