Nepal Reinsurance Company Limited
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IndustryReinsurance
FoundedDecember 22, 2014, Nepal [1]
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| 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.
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 |