Insurance

Nepal Insurance Authority imposes fines on three insurers for misconduct

KATHMANDU: The Nepal Insurance Authority (NIA) has taken a strict stance against misconduct in the insurance sector, imposing a cash fine of Rs 200,000 against each of three prominent insurers. United Ajod Insurance, Rastriya Beema Company, and IGI Prudential Insurance Ltd are among the companies penalized by the regulator....

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