Insurance claims worth Rs. 4.5 billion for rain and flood damage since October 18

The Authority has received information from non-life insurance companies that a total of 734 insurance claims have been filed with 13 different non-life insurance companies and 2 small non-life insurance companies, worth approximately 3.784 billion 90 million.

kartik 18, 2082

Kantipur Reporter

Insurance claims worth Rs. 4.5 billion for rain and flood damage since October 18

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Insurance claims worth around 4.5 billion rupees have been filed so far due to physical and other damages caused by the incessant rains, floods and landslides that have occurred since October 18.

The Insurance Authority has stated that the total amount of claims due to the flood during the period has been about 4.784 billion rupees.

The Authority has received information from non-life insurance companies that a total of 734 insurance claims have been filed with 13 different non-life insurance companies and 2 small non-life insurance companies, worth about 3.784 billion rupees.

The highest number of claims are in property insurance, 382. According to the Authority, there are 734 claims in agriculture and crop insurance, 209 in engineering and contractor insurance, 92 in private motor insurance, 37 in private motor insurance, 10 in government motor insurance, 3 in marine insurance and one in others.

The Authority has stated that although some of the claims have been paid by the companies, many claims are still pending. 

Kantipur

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