Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Insurers settle 88% of quake-related claims

June 08, 2016 Reprints

Nepal's Insurance Board has said that 16 nonlife insurers in the country have settled 88% of insurance claims related to losses caused by April 2015 earthquakes, reported My Republica.

The insurers have so far settled 15,625 claims out of 17,761 made by their clients. Officials of the board said that insurers had received 5.6 billion Nepalese rupees ($52 million) from reinsurers to pay claims. Data showed that fire insurance policies accounted for the most number of claims.

Help

Insurers settle 88% of quake-related claims

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources