Frequently Asked Questions
Himalayan Reinsurance Limited is the first private sector reinsurance company in Nepal, established to provide essential reinsurance support to both Life and General Insurance Companies. It operates domestically and internationally, offering comprehensive coverage and risk management solutions.
The mission of Himalayan Re is to provide unparalleed reinsurance support by leveraging cutting-edge technology and industry expertise to safeguard client’s interests and contribute to the resilience of the reinsurance ecosystem.
Himalayan Re is owned by a strategic alliance of Nepal’s leading business houses and financial institutions, including prominent business houses and top commerical government banks such as Nepal Bank Limited and Rastriya Banijya Bank Limited.
Himalayan Re offers a wide range of reinsurance products, including:
1. Facultative Reinsurance
2. Non-Proportional Treaty Reinsurance
3. Proportional Treaty Reinsurance
Facultative reinsurance is a type of reinsurance where coverage is provided for specific individual risks. This includes tailored solutions for prorperty, motor, aviation, enginerring, marine, miscellaneous, agricultrue, and life insurance risks.