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<p>“Conducting the survey for mega projects and in the rural areas is a difficult task. That is why the report is taking a long time” said <span style="color:rgb(84, 84, 84); font-family:arial,sans-serif; font-size:small">Siddhartha </span>Insurance CEO Birendra Baidabar Chhetri, adding, “It will take some more time for the damage report to come.”</p>
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<p>After the earthquake, the companies conducted survey in the city areas first, because of the easy access and limited number of surveyors. For major damages (claim above Rs 4 million), the re-insurance companies mobilized their own surveyors.</p>
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<p>“Conducting the survey for mega projects and in the rural areas is a difficult task. That is why the report is taking a long time” said <span style="color:rgb(84, 84, 84); font-family:arial,sans-serif; font-size:small">Siddhartha </span>Insurance CEO Birendra Baidabar Chhetri, adding, “It will take some more time for the damage report to come.”</p>
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<p>After the earthquake, the companies conducted survey in the city areas first, because of the easy access and limited number of surveyors. For major damages (claim above Rs 4 million), the re-insurance companies mobilized their own surveyors.</p>
<p>The claims received by the companies so far are worth nearly Rs 18 billion. Out of that, claims worth only about Rs 5 billion have been settled which is just about 27 percent of the total claim amount. </p>
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<p>“Conducting the survey for mega projects and in the rural areas is a difficult task. That is why the report is taking a long time” said <span style="color:rgb(84, 84, 84); font-family:arial,sans-serif; font-size:small">Siddhartha </span>Insurance CEO Birendra Baidabar Chhetri, adding, “It will take some more time for the damage report to come.”</p>
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<p>Industry insiders have blamed the delay on the limited number of surveyors and equipment related problems.</p>
<p>After the earthquake, the companies conducted survey in the city areas first, because of the easy access and limited number of surveyors. For major damages (claim above Rs 4 million), the re-insurance companies mobilized their own surveyors.</p>
<p>The claims received by the companies so far are worth nearly Rs 18 billion. Out of that, claims worth only about Rs 5 billion have been settled which is just about 27 percent of the total claim amount. </p>
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<p>“Conducting the survey for mega projects and in the rural areas is a difficult task. That is why the report is taking a long time” said <span style="color:rgb(84, 84, 84); font-family:arial,sans-serif; font-size:small">Siddhartha </span>Insurance CEO Birendra Baidabar Chhetri, adding, “It will take some more time for the damage report to come.”</p>
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<p>Industry insiders have blamed the delay on the limited number of surveyors and equipment related problems.</p>
<p>After the earthquake, the companies conducted survey in the city areas first, because of the easy access and limited number of surveyors. For major damages (claim above Rs 4 million), the re-insurance companies mobilized their own surveyors.</p>
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Post-quake insurance claims: 40 percent survey reports yet to come
1 min 9 sec to read
October 9: Almost six months on from the April 25 earthquake, survey details of 40 percent of the insurance claims are yet to come. The statistics of the Insurance Board shows that nonlife insurance companies have received survey reports of only 60 percent of the claims as of October 6.
“Conducting the survey for mega projects and in the rural areas is a difficult task. That is why the report is taking a long time” said Siddhartha Insurance CEO Birendra Baidabar Chhetri, adding, “It will take some more time for the damage report to come.”
The existing 16 nonlife insurance companies (excluding NB Insurance) have so far received a total of 17,178 claims whereas survey reports of only 10,416 claims have been received.
Industry insiders have blamed the delay on the limited number of surveyors and equipment related problems.
After the earthquake, the companies conducted survey in the city areas first, because of the easy access and limited number of surveyors. For major damages (claim above Rs 4 million), the re-insurance companies mobilized their own surveyors.
The claims received by the companies so far are worth nearly Rs 18 billion. Out of that, claims worth only about Rs 5 billion have been settled which is just about 27 percent of the total claim amount.
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<p>“Conducting the survey for mega projects and in the rural areas is a difficult task. That is why the report is taking a long time” said <span style="color:rgb(84, 84, 84); font-family:arial,sans-serif; font-size:small">Siddhartha </span>Insurance CEO Birendra Baidabar Chhetri, adding, “It will take some more time for the damage report to come.”</p>
<p>The existing 16 nonlife insurance companies (excluding NB Insurance) have so far received a total of 17,178 claims whereas survey reports of only 10,416 claims have been received.</p>
<p>Industry insiders have blamed the delay on the limited number of surveyors and equipment related problems.</p>
<p>After the earthquake, the companies conducted survey in the city areas first, because of the easy access and limited number of surveyors. For major damages (claim above Rs 4 million), the re-insurance companies mobilized their own surveyors.</p>
<p>The claims received by the companies so far are worth nearly Rs 18 billion. Out of that, claims worth only about Rs 5 billion have been settled which is just about 27 percent of the total claim amount. </p>
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<p>“Conducting the survey for mega projects and in the rural areas is a difficult task. That is why the report is taking a long time” said <span style="color:rgb(84, 84, 84); font-family:arial,sans-serif; font-size:small">Siddhartha </span>Insurance CEO Birendra Baidabar Chhetri, adding, “It will take some more time for the damage report to come.”</p>
<p>The existing 16 nonlife insurance companies (excluding NB Insurance) have so far received a total of 17,178 claims whereas survey reports of only 10,416 claims have been received.</p>
<p>Industry insiders have blamed the delay on the limited number of surveyors and equipment related problems.</p>
<p>After the earthquake, the companies conducted survey in the city areas first, because of the easy access and limited number of surveyors. For major damages (claim above Rs 4 million), the re-insurance companies mobilized their own surveyors.</p>
<p>The claims received by the companies so far are worth nearly Rs 18 billion. Out of that, claims worth only about Rs 5 billion have been settled which is just about 27 percent of the total claim amount. </p>
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<p>“Conducting the survey for mega projects and in the rural areas is a difficult task. That is why the report is taking a long time” said <span style="color:rgb(84, 84, 84); font-family:arial,sans-serif; font-size:small">Siddhartha </span>Insurance CEO Birendra Baidabar Chhetri, adding, “It will take some more time for the damage report to come.”</p>
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<p>Industry insiders have blamed the delay on the limited number of surveyors and equipment related problems.</p>
<p>After the earthquake, the companies conducted survey in the city areas first, because of the easy access and limited number of surveyors. For major damages (claim above Rs 4 million), the re-insurance companies mobilized their own surveyors.</p>
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<p>“Conducting the survey for mega projects and in the rural areas is a difficult task. That is why the report is taking a long time” said <span style="color:rgb(84, 84, 84); font-family:arial,sans-serif; font-size:small">Siddhartha </span>Insurance CEO Birendra Baidabar Chhetri, adding, “It will take some more time for the damage report to come.”</p>
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<p>After the earthquake, the companies conducted survey in the city areas first, because of the easy access and limited number of surveyors. For major damages (claim above Rs 4 million), the re-insurance companies mobilized their own surveyors.</p>
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<p>“Conducting the survey for mega projects and in the rural areas is a difficult task. That is why the report is taking a long time” said <span style="color:rgb(84, 84, 84); font-family:arial,sans-serif; font-size:small">Siddhartha </span>Insurance CEO Birendra Baidabar Chhetri, adding, “It will take some more time for the damage report to come.”</p>
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<p>After the earthquake, the companies conducted survey in the city areas first, because of the easy access and limited number of surveyors. For major damages (claim above Rs 4 million), the re-insurance companies mobilized their own surveyors.</p>
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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View::_evaluate() - CORE/Cake/View/View.php, line 971
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Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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'title' => 'Post-quake insurance claims: 40 percent survey reports yet to come',
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'summary' => 'October 9: Almost six months on from the April 25 earthquake, survey details of 40 percent of the insurance claims are yet to come. The statistics of the Insurance Board shows that nonlife insurance companies have received survey reports of only 60 percent of the claims as of October 6.',
'content' => '<p>October 9: Almost six months on from the April 25 earthquake, survey details of 40 percent of the insurance claims are yet to come. The statistics of the Insurance Board shows that nonlife insurance companies have received survey reports of only 60 percent of the claims as of October 6.</p>
<p>“Conducting the survey for mega projects and in the rural areas is a difficult task. That is why the report is taking a long time” said <span style="color:rgb(84, 84, 84); font-family:arial,sans-serif; font-size:small">Siddhartha </span>Insurance CEO Birendra Baidabar Chhetri, adding, “It will take some more time for the damage report to come.”</p>
<p>The existing 16 nonlife insurance companies (excluding NB Insurance) have so far received a total of 17,178 claims whereas survey reports of only 10,416 claims have been received.</p>
<p>Industry insiders have blamed the delay on the limited number of surveyors and equipment related problems.</p>
<p>After the earthquake, the companies conducted survey in the city areas first, because of the easy access and limited number of surveyors. For major damages (claim above Rs 4 million), the re-insurance companies mobilized their own surveyors.</p>
<p>The claims received by the companies so far are worth nearly Rs 18 billion. Out of that, claims worth only about Rs 5 billion have been settled which is just about 27 percent of the total claim amount. </p>
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'title' => 'Post-quake insurance claims: 40 percent survey reports yet to come',
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'summary' => 'October 9: Almost six months on from the April 25 earthquake, survey details of 40 percent of the insurance claims are yet to come. The statistics of the Insurance Board shows that nonlife insurance companies have received survey reports of only 60 percent of the claims as of October 6.',
'content' => '<p>October 9: Almost six months on from the April 25 earthquake, survey details of 40 percent of the insurance claims are yet to come. The statistics of the Insurance Board shows that nonlife insurance companies have received survey reports of only 60 percent of the claims as of October 6.</p>
<p>“Conducting the survey for mega projects and in the rural areas is a difficult task. That is why the report is taking a long time” said <span style="color:rgb(84, 84, 84); font-family:arial,sans-serif; font-size:small">Siddhartha </span>Insurance CEO Birendra Baidabar Chhetri, adding, “It will take some more time for the damage report to come.”</p>
<p>The existing 16 nonlife insurance companies (excluding NB Insurance) have so far received a total of 17,178 claims whereas survey reports of only 10,416 claims have been received.</p>
<p>Industry insiders have blamed the delay on the limited number of surveyors and equipment related problems.</p>
<p>After the earthquake, the companies conducted survey in the city areas first, because of the easy access and limited number of surveyors. For major damages (claim above Rs 4 million), the re-insurance companies mobilized their own surveyors.</p>
<p>The claims received by the companies so far are worth nearly Rs 18 billion. Out of that, claims worth only about Rs 5 billion have been settled which is just about 27 percent of the total claim amount. </p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
