Himalayan Reinsurance Limited is set to launch its initial public offering (IPO) with the issuance of 2,49,00,000 unit shares starting from 27th Mangsir, 2080. The…
Tag: Reinsurance
Prabhu Insurance Initiates Auction of 19,79,424 Promoter Shares of Nepal Reinsurance Company Limited
Prabhu Insurance Limited has initiated an auction for 19,79,424 units of promoter shares belonging to Nepal Reinsurance Company Limited (NRIC). The auction period is set…
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Himalayan Reinsurance Announces IPO for Nepalese Citizens Abroad, Aiming to Raise Rs. 61.8 Crores
Himalayan Reinsurance Limited has announced its plans to issue an Initial Public Offering (IPO) aimed at Nepalese citizens working abroad. The company intends to offer…
SEBON Approves IPO Proposal of Himalayan Re-insurance Limited, Premium Price Revised to Rs. 206 Per Share
The Securities Exchange Board of Nepal (SEBON) has granted approval for the proposed initial public offering (IPO) of Himalayan Re-insurance Limited. This reinsurance company plans…
Nepal Reinsurance Distributes 4.75% Bonus Shares to Shareholders’ DEMAT Accounts
Nepal Reinsurance Company Limited has given its shareholders a 4.75% bonus share directly in their demat accounts. This action followed the company’s 18th Annual…
NEPSE Lists 4.75% Bonus Shares of Nepal Reinsurance Company
Nepal Reinsurance Company Limited (NRIC) sets a promising tone for investors with the listing of 58,10,437.50 units of bonus shares on NEPSE, reflecting the…
“Federal: First Reinsurance Broker in Nepal to Achieve ISO 9001:2015 Certification”
During an official event at FRBL’s headquarters in Kathmandu on August 27, 2023, Mr. Prakash Poudel, the Country Director of United Registrar of Systems (URS),…
Himalayan Reinsurance Limited Reports Impressive Q3 Results
Himalayan Reinsurance Limited (HRL) has released its third-quarter financial report for the ongoing fiscal year 2079/80, showcasing a net profit of Rs. 25.44 crores. This…
Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector’s capability.
On April 13, 2023, Federal Reinsurance Brokers Limited and Banking Finance and Insurance Institute of Nepal Limited signed a Memorandum of Understanding (MOU) to…
In the second quarter of fiscal year 2079/80, Himalayan Reinsurance earns a net profit of Rs. 4.63 crores.
Himalayan Reinsurance Limited reported a net profit of Rs. 4.63 crores for the fiscal year 2079/2080’s second quarter. The company’s net profit fell by 62.83%…