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The Economic Times
The Economic Times
National

Nepal floods could cost insurers over $130 mln even before death, injury claims

The devastating flood in Nepal last ​week could result in commercial insurance losses exceeding 20 billion Nepali rupees ($132.3 million), with hydropower projects accounting for most claims, according to a top official at one of the country's leading insurers.

The insurance cover, when paid out, covers losses borne by the operators of the power plants.

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