Tuesday 2nd June 2026
Kathmandu — A police investigation has concluded that more than NPR 4 billion was misappropriated from five insurance-related companies, including Himalayan Reinsurance. The investigation has also found that funds collected from insurance operations were diverted and invested in the securities market. The Central Investigation Bureau (CIB) of Nepal Police...
Kathmandu — Two officials from the Nepal Insurance Authority have submitted applications for the position of Chairperson following the government’s call for applications for the appointment of a new head of the insurance regulator. Director Kamal Prasad Regmi and Deputy Director Birodh Bhatta registered their candidacies at the Ministry...
Kathmandu — A police investigation has concluded that more than NPR 4 billion was misappropriated from five insurance-related companies, including Himalayan Reinsurance. The investigation has also found that funds collected from insurance operations were diverted and invested in the securities market. The Central Investigation Bureau (CIB) of Nepal Police has completed its investigation into defendants, including Deepak Bhatt and Shankar Group director Sulav Agrawal,...
Kathmandu — A police investigation has concluded that more than NPR 4 billion was misappropriated from five insurance-related companies, including Himalayan Reinsurance. The investigation has also found that funds collected from insurance operations were diverted and invested in the securities market. The Central Investigation Bureau (CIB) of Nepal Police has completed its investigation into defendants, including Deepak Bhatt and...
Editorial For the Nepal Insurance Authority (NIA), the past seven months have been marked not by regulatory breakthroughs, but by turmoil. The nation’s apex insurance watchdog has seen two of its most senior leaders fall under scrutiny—one acquitted, the other suspended—and now stands cautiously under interim leadership. These events, unfolding one after another, have exposed not just the fragility...
Kathmandu — A police investigation has concluded that more than NPR 4 billion was misappropriated from five insurance-related companies, including Himalayan Reinsurance. The investigation has also found that funds collected from insurance operations were diverted and invested in the securities market. The Central Investigation Bureau (CIB) of Nepal Police has completed its investigation into defendants, including Deepak Bhatt and...
Kathmandu — A branch manager of Global IME Bank has been found dead in an apparent suicide after posting a message on social media targeting the bank’s top management. The deceased, Pitambar Khadka, reportedly shared a Facebook post on May 18 in which he wrote “You bastard killed me” and posted photos of the bank’s Chief Executive Officer Surendra Raj Regmi along with several senior officials. The post also...
