Over five dozen insurance claims totalling Rs 289.26 million were filed by July 17 for damage caused by the July 8 flooding in Rasuwa district.
According to the Nepal Insurance Authority (NIA), the claims have been submitted to nine insurance companies. Shikhar Insurance alone received 10 claims worth Rs 161.21 million–the highest. Neco Insurance received three claims worth Rs 51.2 million, while Sagarmatha Lumbini Insurance received seven claims totalling Rs 34.15 million.
[Read: Rasuwa Flood Likely Triggered by Supraglacial Lake Outburst in China: DHM ]
Nepal Insurance Company received 12 claims worth Rs 12.85 million, Sanima GIC Insurance six claims worth Rs 7.7 million, and IGI Prudential nine claims amounting to Rs 7.55 million.
United Ajod Insurance received three claims worth Rs 6.8 million, NLG Insurance received six worth Rs 4.7 million, and Siddhartha Premier received seven claims totalling Rs 3.1 million. In total, 63 claims have been filed, the authority’s data show.
[Read: Rasuwagadhi Flood: Timure Dryport Reconstruction Uncertain ]
By type of insurance, six claims under marine insurance accounted for Rs 157.01 million. Four claims under Engineering and Contractor’s Risk insurance totalled Rs 55.5 million, and 10 claims under property insurance amounted to Rs 41.85 million.
Likewise, 32 claims under public motor insurance totalled Rs 23.15 million, while 11 claims under private motor insurance amounted to Rs 11.75 million.
[Read: Flood Sweeps Away Miteri Bridge at Rasuwagadhi; Over a Dozen People Missing ]
The flood in Lhende Stream—an upstream tributary of the Bhotekoshi River in Rasuwa—which according to authorities was caused by supraglacial lake outburst in Tibet, swept away the Nepal–China Friendship Bridge at the Rasuwagadhi customs point. It also caused extensive damage to the under-construction dry port in Timure, the customs office, and the connecting roads. Numerous vehicles and containers, including electric vehicles parked at the dry port, were washed away.
Several downstream hydropower projects were also affected.
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[ Read: Poor Communication, Roads Disrupt Cross-Border Trade with China, Traders say ]
[ Flooded Bhotekoshi River Cuts Tatopani-Khasa Trade Route ]
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