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Nepal quake claims settlement to be delayed

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Claims settlements in Nepahttp://edit.businessinsurance.com/apps/pbcsedit.dll/redl following the recent devastating earthquake are expected to be delayed as a result of not enough surveyors, reported E Kantipur.

There are less than 100 active surveyors in the country even though over 250 individuals have a surveyor's license, Nepal's Insurance Board said. "As there are not enough number of surveyors, we have sought help from India-based reinsurance companies like General Insurance Corp. of India and Oriental Insurance Co. Ltd. to assess the damages to properties," said an official.

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