Nepal Re Reports Over Rs. 5.84 Billion Loss Amid Surge in Claims Following JG Movement

Banking News – Nepal Reinsurance Company Limited (Nepal Re) reported a net loss of Rs. 5.84 billion during the first nine months (up to mid-April/Chait) of FY 2025/26 (2082/83 BS), largely due to a sharp rise in insurance claims linked to the JG movement. According to the company's third-quarter financial statements, Nepal Re posted a…