Kathmandu. Nepal Reinsurance Company is going to issue rights to raise the paid-up capital fixed by the Insurance Authority. The 570th meeting of the board of directors of the company held on Wednesday decided to issue 100 percent rights.
{{TAG_OPEN_div_6)” has decided to issue 100 percent rights with the approval of the Ministry of Finance to expand the limit and business of reinsurance and increase its presence in the international market.
the right will be approved at the company’s upcoming annual general meeting and issued after approval by the regulatory body Nepal Securities Board.
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