Himalayan Re-Insurance Limited

Himalayan Reinsurance Limited (NEPSE: HRL) is Nepal's first private sector reinsurance company, established in June 2021. The company provides treaty and facultative reinsurance solutions across multiple lines of business including property and catastrophe, engineering and construction, marine hull and cargo, aviation and aerospace, agriculture and parametric, motor and liability, specialty lines, and life and health insurance. Operating across 52 countries with core capital of $120 million, Himalayan Reinsurance serves insurance and reinsurance companies in Nepal and internationally. The company is backed by prominent Nepalese financial institutions, including two major government banks and leading business conglomerates, with approximately 30% public ownership following its January 2024 IPO. Himalayan Reinsurance maintains strong financial ratings including AM Best B+ and ICRA Nepal A. The company was incorporated on June 6, 2021, and is headquartered in Maharajgunj, Kathmandu, Nepal.

Key Facts

Established

June 6, 2021

Operating Countries

52 countries globally

NEPSE Listing Date

January 7, 2024

Core Capital

$120 million USD

Financial Strength Rating

AM Best B+ (affirmed February 2026); ICRA Nepal A (July 2024)

Lines of Business

Treaty & Facultative Reinsurance: Property, Engineering, Marine, Aviation, Agriculture, Motor, Liability, Specialty, Life & Health

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