Several banks and financial institutions in Nepal have stopped providing loans against Nepal Reinsurance Company shares as collateral, citing uncertainty over the company’s financial condition following large claim filings related to damages during the recent Gen Z protests. Global IME Bank has removed Nepal Reinsurance from its eligibility list for margin lending, noting delays in the publication of financial reports along with the rising insurance claim burden. Similarly, Kumari Bank’s Asset Liability Committee has decided not to issue new loans against Nepal Reinsurance shares, although existing borrowers will still be allowed to renew their loans. Bank officials across the sector say it has become increasingly difficult to assess the company’s financial outlook, and the elevated market price of the stock adds further risk, raising concerns that more banks may adopt similar restrictions going forward.