𝐆𝐈𝐂-𝐁𝐡𝐮𝐭𝐚𝐧 𝐑𝐞 𝐚𝐧𝐝 𝐑𝐨𝐲𝐚𝐥 𝐌𝐨𝐧𝐞𝐭𝐚𝐫𝐲 𝐀𝐮𝐭𝐡𝐨𝐫𝐢𝐭𝐲 𝐂𝐨𝐧𝐯𝐞𝐧𝐞 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐌𝐞𝐞𝐭𝐢𝐧𝐠 𝐭𝐨 𝐀𝐝𝐯𝐚𝐧𝐜𝐞 𝐁𝐡𝐮𝐭𝐚𝐧’𝐬 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐒𝐞𝐜𝐭𝐨𝐫

Thimphu | October 29, 2026.

GIC Bhutan Reinsurance Co. Ltd. convened meeting with senior officials from the Royal Monetary Authority(RMA) of Bhutan to strengthen institutional ties and explore regulatory pathways for upcoming sector developments.
Mr. Kesang Wangdi, Chief Executive Officer of GIC-Bhutan Re along with senior officials held discussions with Ms. Ugyen Choden, Deputy Governor of the RMA, alongside senior officials from RMA.
Discussions explored future collaboration with key Indian institutions, including Insurance Regulatory and Development Authority of India (IRDAI) and Institute of Insurance and Risk Management (IIRM) in Hyderabad, focusing on Regulatory Advancement, HR Capacity Development and add on new insurance products.
The engagement aimed to strengthen Bhutan’s insurance and reinsurance sector through technical collaboration, emerging market opportunities, and sustainable growth under the support of the regulator, RMA.
GIC-Bhutan Re looks forward to continued engagement with the RMA to build a resilient domestic insurance ecosystem and explore regional and international opportunities.