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.

Nepal's recent catastrophic floods caused extensive damage to property and infrastructure. The estimated cost of this destruction reached at least $2.56 billion. Early recovery…

Nepal's recent floods caused $2.56 billion in losses, with thousands displaced and extensive infrastructure damage reported.

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…