Insurance Companies Receive Over Rs. 23.22 Billion in Damage Claims from Gen Z Protests

Summary

Nepal's insurance companies have received damage claims exceeding Rs. 23.22 billion due to losses from the recent Gen Z protests, with Rs. 1.29 billion already settled.

Key Points
  • Insurance companies have received over Rs. 23.22 billion in damage claims due to Gen Z protests.
  • A total of 3,099 insurance claims have been registered by 14 non-life and 4 micro non-life insurers.
  • Claims worth Rs. 1.29 billion have already been settled by insurers.
  • 2,706 surveyors were deployed to assess damage, with 374 reports submitted so far.
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