Economy

Insurance claims from recent floods and landslides surpass Rs 2.67 bn, with expectations of further increases

KATHMANDU: The torrential rainfall that began on Ashoj 10 has resulted in insurance claims amounting to approximately NPR 2.67 billion as of last Wednesday. The Nepal Insurance Authority (NIA) reported receiving 709 claims, with the aforementioned amount demanded in compensation. However, preliminary estimates from the authority indicate that total...

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