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Investigation Underway into Fake Academic Documents in Insurance Companies

Kathmandu — After receiving reports that many employees in insurance companies may have submitted fake academic certificates, the Insurance Authority has launched an investigation and is moving ahead with immediate disciplinary action. There have been repeated complaints suggesting that a significant number of individuals obtained jobs using fraudulent academic...

Government Moves to Extend Anti-Corruption Authority into the Private Sector; Proposal Targets Irregularities in Banking and Insurance

Kathmandu – The government led by Balen has decided to expand the jurisdiction of the anti-corruption authority to allow strict investigation of corruption in the private sector. The proposal is included in the draft Anti-Corruption Strategy for 2025 to 2028, which was made public by the Office of the...


Citizen Life Pays NPR 753.67 Million in Claims in Nine Months

Kathmandu — Citizen Life Insurance Company Limited has paid a total of NPR 753.67 million in insurance claims to policyholders during the first nine months of the fiscal year 2025/26. According to the company, the payments were made in response to claims submitted by insured individuals over this period. In March to April alone, Citizen Life disbursed claims worth NPR 102.39 million. As claim...

Investigation Underway into Fake Academic Documents in Insurance Companies

Kathmandu — After receiving reports that many employees in insurance companies may have submitted fake academic certificates, the Insurance Authority has launched an investigation and is moving ahead with immediate disciplinary action. There have been repeated complaints suggesting that a significant number of individuals obtained jobs using fraudulent academic documents. Just last month, an employee at one insurance company...

After the Fall: Can Nepal Insurance Authority Regain its Purpose and Public Trust?

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...