Overview

• The Nepal Insurance Authority reports 1,984 non-life claims totaling NPR 20.7 billion as of September 16.
• Loss assessments are still underway, and officials expect the aggregate claim figure to rise.
• Oriental Insurance holds the largest single exposure at NPR 5.14 billion, largely linked to heavy damage at Hotel Hilton Kathmandu.
• The reported claims already exceed those from the 2015 earthquake at NPR 16.5 billion and the 2020 COVID-19 insurance scheme at over NPR 16 billion.
• Private-sector damages surpass NPR 60 billion according to CNI, with major losses at Bhat-Bhateni outlets, Ncell headquarters, and Chaudhary Group facilities.