Insurance Claims for Flood and Landslide Damages Total Rs. 12.36 Billion, Payment Rate at 9.67%

Kathmandu: Non-life insurance companies in Nepal have reported claims amounting to Rs. 12.36 billion for damages caused by floods and landslides. According to data from the Nepal Insurance Authority as of December 11, a total of 3,549 claims have been filed with 18 non-life and microinsurance companies. These claims amount to a liability of Rs.…