IME Life New

Gen-G Movement: So far, about Rs. Rs 3.68 billion claim paid, how much from whom?

SPIL
Global College
Nepal Life New

Kathmandu. The total insurance claims incurred by non-life insurance companies for physical and other damages during the recent Gen-G agitation are about Rs. Out of 23.46 billion 91 lakhs, about Rs. The claim amount of Rs 3.68 billion has been paid to the insured.

According to the latest data received from the non-life insurance companies, out of the total claim amount paid by the companies including advance payment, 693 claim amount towards property insurance is around Rs. Out of Rs. 19.04 billion, about Rs. 2.92 billion claims towards motor insurance and 2,290 claims towards motor insurance have been claimed. About Rs. 3.47 billion Rs 68.61 crore has been paid.

Crest

Similarly, 209 claims under engineering and contract risk insurance have been paid around Rs. Out of the claim amount of Rs. 54.75 crore, about Rs. Rs 6.23 crore, 12 claims towards transport insurance amounted to about Rs. Out of the claim amount of Rs. 1.68 crore, about Rs. About Rs. 47 lakhs and 42 claims towards other insurance amounts. Out of the claim amount of Rs. 39.30 crore, about Rs. The claim amount has been paid including an advance payment of Rs 23 lakh.

The reinsurance company pays about Rs. 2.48 billion advance payment

Nepal Reinsurance Company has paid about Rs. 1000 to the non-life insurance companies to pay the insurance claims for the physical and other damages caused during the Gen-G agitation. 2.48 billion advance payment (advance) has been provided.

A total of 2,857 reinsurance claims received by Nepal Reinsurance Company have been claimed. According to the latest data, it is Rs 15.82 billion.

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