KATHMANDU, Jan 4: People have filed insurance claims worth Rs 12.87 billion for damages caused by floods and landslides triggered by incessant rainfall of September 26, 2024.
A total of 3,686 claims have been filed, according to the Nepal Insurance Authority (NIA). A total of 1,809 claims have been settled with payments amounting to Rs 1.79 billion. Claimants have filed 1,774 claims under property insurance, amounting to Rs 9.22 billion, according to the NIA.
The NIA informed that claimants have filed 324 claims under engineering and contractor insurance, amounting to Rs 2.84 billion. Claimants have also filed 954 claims under motor insurance, seeking a total claim amount of Rs 415.34 million.
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Claimants made 393 claims under motor insurance, seeking a total claim amount of Rs 289.9 million. In marine insurance, claimants have filed 23 claims, requesting a total of Rs 44.97 million.
They have filed 60 claims under livestock insurance, seeking a total of Rs 38.3 million. For crop insurance, 137 claims have been filed, requesting Rs 10.59 million. In miscellaneous insurance, 21 claims have been filed, with a total claim amount of Rs 7.6 million.
The NIA said that claimants have sought 267 claims in Koshi province, with payments made for 158 of them. In Madhesh province, they made 108 claims, but only 37 have been settled. In the flood- and rain-affected Bagmati province, claimants have made 3,213 claims, with payments settled for 1,585 of them.
According to the NIA, 47 claims in Gandaki province were made, with payments made for only 15. In Karnali province, claimants have filed 8 claims, with payments made for 4. Similarly, in Sudurpaschim province, claimants have filed 6 claims, with payments made for 3.