KATHMANDU, Aug 11: The devastating floods and landslides in Rasuwa on June 7 have led to preliminary insurance claims totaling Rs 985.9 million, according to the Nepal Insurance Authority.
As of August 7, insurers had received 78 claims, including property insurance, nine marine insurance cases, five engineering and contractor risk claims, 16 private motor insurance cases and 42 public motor insurance claims.
Rasuwa flood: Insurance claims nears Rs 290 million
The largest single claim amount of Rs 550 million was filed with Himalayan Everest Insurance, followed by Rs 169.63 million with Shikhar Insurance, Rs 87.3 million with Nepal Insurance Company and Rs 68.48 million with Sanima GIC. Other claims include Rs 56.7 million with Neco Insurance, Rs 26.5 million with Sagarmatha Lumbini Insurance, Rs 9.1 million with United Ajod Insurance, Rs 7.67 million with IGI Prudential Insurance, Rs 4.7 million with NLG Insurance, Rs 3.1 million with Siddhartha Premier and Rs 2.8 million with Prabhu Insurance.
The flood in the Lhende River destroyed the Nepal–China Miteri Bridge, swept away vehicles parked at the customs yard and damaged infrastructure including the Rasuwagadhi Hydropower Project.
