Gen Z-triggered violence leads to Rs 20.70 billion in insurance claims; NRIC faces Rs 11.77 billion liabilities

KATHMANDU, Sept 18: The aftermath of the GenZ protests is now unfolding not just on the streets but in the financial corridors of Nepal’s insurance industry. Non-life insurers have been hit with claims amounting to a staggering Rs 20.70 billion, reflecting the scale of destruction unleashed during the September 8 and 9 agitation.