The Economic Times

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

Nepals devastating floods could trigger more than 20 billion Nepali rupees ($132.3 million) in commercial insurance losses, with hydropower projects expected to account for most claims. Eleven projects in the affected region suffered damage, while insurers warn the disaster could prompt tighter coverage, higher premiums and stricter underwriting for Himalayan infrastructure.