Insurance companies receive claims of Rs 22. 25 billion
Insurance claims for damages incurred during the Gen Z movement have reached Rs 22.25 billion.
According to the Nepal Insurance Authority, the highest number of insurance claims is in Bagmati Province, with claims worth Rs 17.97 billion.
A total of 2,478 insurance claims have been filed in 18 insurance companies, including micro insurance companies. The number of claims may increase further due to the large amount of physical property damage. The claims for compensation for the damage, however, come only from the private sector, as government structures were not insured.
According to the details provided by the Authority, claims worth Rs 5.22 billion have been filed in Oriental Insurance Company alone. Similarly, Siddhartha Insurance has received applications seeking claims for damage worth Rs 5.08 billion.
Among the total applications seeking insurance claims, 538 applications were received for property insurance, 1,778 for vehicle insurance, 132 for engineering and contractor risk, 11 for transportation insurance, and 19 for other kinds insurance.
Heavy rainfall likely in Koshi, Bagmati and Gandaki
There is a possibility of heavy rainfall at one or two places of the hilly regions of Koshi, Bagmati and Gandaki Provinces today.
With the weather remaining generally cloudy throughout the country, moderate rainfall is likely at some places of Koshi, Madhesh, Bagmati, and Gandaki Provinces; at a few places of Lumbini Province and other hilly regions; and at one or two places of the remaining Tarai regions of the country, says the Meteorological Forecasting Division.
Tonight, the weather will remain generally cloudy in the hilly areas and mainly fair in the rest of the country. There is a possibility of moderate rainfall at a few places of the hilly regions of Gandaki, Lumbini, and Karnali Provinces, and at one or two places of the remaining Tarai regions of the country.
Two girls drown in Saptari pond
Two girls drowned in a pond at Surunga Municipality-2 in Saptari district today.
The deceased have been identified as Sustika Chaudhary, a seven-year-old daughter of Surendra Chaudhary, and Ashaki Chaudhary, 11-year-old daughter of Keshar Chaudhary.
The incident occurred while they were taking a bath in the pond , shared Deputy Superintendent of Police at the District Police Office, Jitendra Kumar Basnet.
Locals informed the police about the incident.
Further investigation into the incident is underway, added police.
Insurance companies receive claims of over Rs 22 billion
The insurance companies have received the claims of Rs 22.25 billion for the loss incurred during the Gen-Z protests that happened on September 8 and 9.
The highest number of claims was received from Bagmati Province, according to the Nepal Insurance Authority. The firms in Bagmati Province have claimed Rs 17.97 billion as insurance by submitting altogether 1,343 claims.
According to the Authority, 18 insurance companies including the micro insurance companies have received a total of 2,478 applications for the claims.
The Authority stated that the insurance claims were made for the losses caused in the public and private companies from vandalism and arson.
However, the officials said that the volume of claims for insurance could further rise given the intensity of the damage to physical properties during the protests.
The Oriental Insurance Company and Siddhartha Insurance Company have received the claims for Rs 5.22 billion and Rs 5.8 billion, respectively.
The applications for insurance claims include damages to property, vehicles, engineering and contractor risk, and others.
The Authority shared that 322 claims were received from Koshi Province, 246 from Madhes, 184 from Gandaki, 202 from Lumbini, 22 from Karnali and 159 from Sudurpaschim Province.
