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Govt to purchase rights shares of Nepal Reinsurance Company to help the reinsurer meet capital requirement

Hamro Patro News •
November 04, 2026 • 03:00 AM
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KATHMANDU, Nov 4: The government has decided to invest additional funds in the Nepal Reinsurance Company (NRIC) by subscribing to its rights shares, helping the state-owned reinsurer meet the minim...

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KATHMANDU, Nov 4: The government has decided to invest additional funds in the Nepal Reinsurance Company (NRIC) by subscribing to its rights shares, helping the state-owned reinsurer meet the minimum paid-up capital requirement set by the Nepal Insurance Authority (NIA).

Read full story at source ( myrepublica.nagariknetwork.com )

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Same Story from Other Publications

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ShareSansar
9y ago
Government Approves Additional Right Share Investment in Nepal Reinsurance; NRIC Hits 15% Positive Circuit Today

Government Approves Additional Right Share Investment in Nepal Reinsurance; NRIC Hits 15% Positive Circuit Today

|| ShareSansar || The Government of Nepal has given in-principle approval for an additional right share investment in Nepal Reinsurance Company Limited (NRIC), a decision that immediately boosted investor sentiment, wi...

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