The Nepal Insurance Authority has paid out Rs 111.5 million in claims related to floods and landslides that have occurred since July 2. Of the 790 preliminary claims filed, totaling Rs 4.182 billion, only 96 have been settled so far. Property insurance accounts for the largest share, with claims worth Rs 3.583 billion, of which Rs 96.4 million has been paid. Additional payouts include Rs 12 million for private motor insurance and Rs 1.9 million for agricultural and crop insurance. The authority said the remaining claims are still under assessment.
