Kathmandu: The devastating floods and landslides triggered by continuous rainfall in Rasuwa district on 7 July have led to preliminary insurance claims totaling Rs 985.98 million, according to the Nepal Insurance Authority.
As of 6 August, a total of 78 claims had been filed. These include property insurance claims, nine marine insurance cases, five engineering and contractor risk cases, 16 private motor insurance claims, and 42 public motor insurance claims.
The Authority reported that Himalayan Everest Insurance received the highest claims amounting to Rs 550 million, followed by Shikhar Insurance with Rs 169.63 million, Nepal Insurance Company with Rs 87.3 million, and Sanima GIC with Rs 68.48 million.
Other companies facing claims include Neco Insurance (Rs 56.7 million), Sagarmatha Lumbini Insurance (Rs 26.5 million), United Ajod Insurance (Rs 9.1 million), IGI Prudential Insurance (Rs 7.67 million), NLG Insurance (Rs 4.7 million), Siddhartha Premier Insurance (Rs 3.1 million), and Prabhu Insurance (Rs 2.8 million).
The floods in the Lehnde River area swept away the Friendship Bridge at the Nepal–China border, along with vehicles parked at the customs yard. Additionally, Rasuwagadhi Hydropower and several other structures sustained significant damage.
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