{"id":310654,"date":"2026-08-12T12:44:30","date_gmt":"2026-08-12T06:59:30","guid":{"rendered":"https:\/\/insurancekhabar.com\/?p=310654"},"modified":"2026-08-12T12:45:05","modified_gmt":"2026-08-12T07:00:05","slug":"now-the-foreign-reinsurance-broker-has-to-set-up-the-office-within-1-year-of-receiving-the-listing-number-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/now-the-foreign-reinsurance-broker-has-to-set-up-the-office-within-1-year-of-receiving-the-listing-number-2\/","title":{"rendered":"Now the foreign reinsurance broker has to set up the office within 1 year of receiving the listing number."},"content":{"rendered":"<p>Kathmandu. Now, the foreign reinsurance broker has to set up an office in Nepal within 1 year of receiving the listing number. <\/p>\n<p>Nepal Insurance Authority (NEA) has made the fourth amendment to the Insurance Reinsurance Directive, 2080 BS. As per the amended provision, a foreign reinsurance broker has to establish a branch or liaison office or joint venture office within 1 year of obtaining the listing number from the Authority. <\/p>\n<p>Prior to this, foreign reinsurance brokers used to carry out business only by deputing representatives. The authority has set a deadline of 1 year to break this anomaly. <\/p>\n<p>Likewise, the NRA has also made arrangements for insurance transactions with domestic reinsurer, domestic reinsurance brokers and foreign reinsurers and reinsurance brokers who have the listing number.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. Now, the foreign reinsurance broker has to set up an office in Nepal within 1 year of receiving the listing number. Nepal Insurance Authority (NEA) has made the fourth amendment to the Insurance Reinsurance Directive, 2080 BS. As per the amended provision, a foreign reinsurance broker has to establish a branch or liaison office [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":306091,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45159,45102],"tags":[],"class_list":["post-310654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-news-en","category-reinsurance-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/310654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=310654"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/310654\/revisions"}],"predecessor-version":[{"id":310655,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/310654\/revisions\/310655"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/306091"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=310654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=310654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=310654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}