Nearly Rs 2 billion in insurance claims paid for damages during Gen Z protests

Summary

Nearly Rs 2 billion has been paid out in insurance claims for damages caused during the Gen Z movement in Nepal, with over Rs 25 billion claimed in total.

Key Points
  • Around Rs 2 billion has been paid out in insurance claims due to damages during Gen Z protests in Nepal.
  • A total of 3,163 insurance claims amounting to Rs 25.14 billion have been registered so far.
  • Property insurance claims are the largest in value, with Rs 1.55 billion paid out from Rs 19.71 billion claimed.
  • Motor insurance has the highest number of claims with 2,256 claims worth Rs 3.44 billion, of which Rs 362.5 million has been paid.
Article image