Insurance claims worth Rs 5.18 billion paid after Gen-Z Movement
Summary
Nepal Insurance Authority has settled Rs 5.18 billion in insurance claims for damages during the Gen-Z movement, including Rs 3.82 billion for property and Rs 1.22 billion for motor insurance.
Key Points
- Nepal Insurance Authority has paid Rs 5.18 billion in insurance claims related to the Gen-Z movement.
- A total of 3,303 non-life insurance claims amounting to Rs 23.45 billion were filed.
- Rs 3.82 billion was paid for property insurance claims.
- Nepal Reinsurance Company advanced Rs 3.2 billion in reinsurance claims to non-life insurers, with total reinsurance claims of Rs 16.62 billion from 14 companies.
