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COMMERCIAL INSURANCE LOSSES NEPAL
Nepal floods could cost insurers over $130 million even before death, injury claimsNepal’s devastating floods could trigger more than 20 billion Nepali rupees ($132.3 million) in commercial insurance losses, with hydropowe...- Tragedy to business: Economy blooms in flood-hit Nepal, but locals are left in the mudDevastating flash floods have created a booming disaster economy in Nepal. International journalists and aid workers have overwhelmed local...
- Insurers plan floor for fire cover to avoid large burnsNon-life insurers are considering a minimum rate for fire insurance's natural catastrophe component. This move follows concerns about steep...
- Nepal PM thanks India for flood rescue help after minister seeks compensation, as reconstruction estimates reach billions of dollarNepal’s Prime Minister Balendra Shah has thanked India and China for their assistance after flash floods killed 1,127 people and left nearl...
- Nepal seeks climate compensation from India, China and US after deadly floods leave 4,000 missingNepal seeks climate compensation from world’s biggest emitters of greenhouse gases. Deadly floods killed over a thousand people and left ma...
- When roads end, drones carry dead home in flood-hit NepalDrones are now carrying the dead home from inaccessible flood-ravaged areas in Nepal. These unmanned aerial vehicles are also delivering vi...
- Hopes of finding survivors dim a week after catastrophic Nepal floodHopes are fading for thousands missing in Nepal's flash floods. Authorities reported, as of September 2, over 1,050 fatalities and nearly 4...
- Nepal's young PM Balendra Shah faces first major test as deadly floods expose government’s limitsNepal's prime minister faces his first major test after a glacial collapse disaster. This catastrophe killed over one thousand people and l...
- Himalayas face severe glacial flood risks in years ahead, UN official warnsAn official from the United Nations has sounded the alarm regarding the alarming prospect of severe glacial floods in the Himalayas. These ...
- Indian Embassy issues procedure for repatriation of mortal remains of Nepal flood victimsThe Indian Embassy in Nepal has issued a procedure for identifying and repatriating Indians and other foreign nationals killed in the Augus...
- Nepal floods expose risks to hydropower in a warming HimalayasNepal’s devastating floods have damaged hydropower plants, roads, bridges and essential infrastructure, knocking out about 10% of the count...
- WHO releases US$150 000 emergency funds to support Nepal's flood responseThe World Health Organisation has released US$150 000 from the South-East Asia Regional Health Emergency Fund (SEARHEF) to support urgent h...
- Nepal's flood damage may cost up to a tenth of economy to rebuildThe bill is nearly a tenth of the nation's entire economy. A glacier collapse unleashed torrents, killing over six hundred people and leavi...
- Nepal floods spook Indian tourists, disrupt holiday plans and trigger travel cancellationsIndian travel cancellations to Nepal are rising due to flood visuals. Tour operators face significant losses as bookings drop sharply. Fami...
- 'Highest priority': EAM Jaishankar takes stock of rescue efforts in NepalIndia's External Affairs Minister discussed Nepal's flood relief and rescue operations. Further relief supplies are being sent to Nepal aft...
- As AI agents go rogue, cyber insurers are adapting their policiesInsurers, including MSIG, QBE and Beazley, are reviewing traditional cyber policies and adapting their language to account for emerging ris...
- At least 160 killed as flash floods hit Nepal; 133 Indians among hundreds of missing foreignersNepal flood news: Flash floods in Nepal and Tibet have claimed 160 lives and left hundreds missing. Widespread damage to villages and infra...
- 'Always with Nepal': India hands over 10 tons of humanitarian aid as country reels from devastating flash floodsIndia's Embassy in Nepal delivered ten tons of humanitarian aid materials. This assistance supports relief efforts after devastating flash ...
- Nepal flood: IAF keeps fleet on standby for relief operations, C-130J aircraft expected to take off with relief material soonIndia's Air Force has transport aircraft on standby for Nepal's flood relief operations. A C-130J aircraft is expected to depart with essen...
- India assures all possible humanitarian, relief assistance to flood-hit NepalPrime Minister Modi spoke with Nepal Prime Minister Balendra Shah and conveyed condolences. India stands in solidarity with Nepal during th...
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