Himalayan Re is the first private sector reinsurance company established in the Republic of Nepal. The company would offer Reinsurance support to Life and General Insurance Companies in Nepal and overseas.
Authorized Capital NPR 21 Billions (USD 180 Millions approx)
Issued Capital NPR 7 Billions (USD 60 Millions approx)
Paid up Capital NPR 7 Billions (USD 60 Millions approx)
Promoters of Himalayan Re include leading business houses of Nepal, along with leading financial institutions of the country. Prominent Promoters include;
All of the above listed corporate houses occupy a place of pride on the economic map of Nepal, having their business activities spread to all sectors
Apart of these business houses, the Promoters include 2 of the topmost commercial banks of Nepal, which are primarily owned by the Govt of Nepal.