Gen Z Protest Causes Over 23 Billion NPR in Non-Life Insurance Claims

Biratnagar. Over 23 billion rupees in damages have been claimed in the non-life insurance sector due to the 'Gen Z' protest held on Bhadra 23 and 24, 2082. According to information provided by the Nepal Insurance Authority, a total of 3,390 claims amounting to 23 billion 192.848 million rupees have been registered as insurance claims based on the circumstances created by the protest.Of the claims filed, insurance companies have already paid 8 billion 824.994 million rupees, including advance payments, which is more than 38 percent of the total amount claimed.Physical assets, in terms of vehicle and financial liability, appear to...