Kathmandu. KATHMANDU: Himalayan Reinsurance Limited has said its serious attention has been drawn to the misleading news and speculations disseminated in various media and online portals linking the company with some individuals.
In a press release, the company said the matter is under investigation by various agencies and that the company is fully cooperating with the investigation. The company has also requested all stakeholders not to make any comments that could affect the investigation.
“This issue has not affected the company’s operations, financial condition or ability to meet its customer obligations,” the statement said. It claims that the company’s financial position is sound and safe and regulatory standards are being met smoothly.
Similarly, the claims and liabilities of the company are being paid as per the regular process and the company is establishing itself as a competent company by fulfilling its commitments. It is clarified that the company’s business activities are being carried out in a stable and smooth manner and are fully operational and in good health through the top management and employees.
Similarly, the temporary absence of any executive officer or foreign travel has not and will not affect the company’s operations and good governance.
The company requests all stakeholders, partners and investors to rely only on verified and authoritative information. The company also urged the company to remain confident in its commitment to prudent financial management, transparency and long-term sustainability.
