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FLOOD KERALA INSURANCE
Global macro woes take holidayers in different directionIndian travelers are opting for short-haul international trips to Southeast Asia and Australia, or domestic getaways this summer. This shif...
Kerala’s healthcare gold rush: How private equity is reshaping hospitals and raising fears over costsPrivate equity funds are pouring hundreds of millions of dollars into Kerala’s healthcare sector, reshaping a system long dominated by inde...
Government asks LIC, other insurers to expedite Wayanad claimsThe finance ministry has instructed public sector insurance companies, including LIC, to expedite claim disbursements for landslide victims...
How India can equip its cities to deal with extreme rainfall eventsThe ongoing floods in Delhi show how heavy rainfall in the mountain areas can impact cities downstream. Several studies across cities have ...
Property insurance rates may spikeSeverity of disasters, which are taking place at shorter intervals, has prompted insurers to consider hiking rates in April 2020, when poli...
Wayanad plantation workers hope their woes will get national attentionThe agrarian district is known for cultivation of coffee, tea, spices and rubber, and has seen suicides by some farmers unable to repay the...
Kerala floods: Helpline numbers for insurance, emergency and districtsWhile disaster management and emergency numbers will help to arrange for help to save lives, the insurance companies have also set up their...
Kerala floods: How to file life, motor and home insurance claimsThe IRDAI has already asked insurers for quick registration and disposal of claims for any one affected by these floods.
Irdai asks insurers to provide 60-day grace period for premium payment in KeralaHeavy rains and subsequent floods have adversely affected life and property in Kerala and some districts of Karnataka.
Kerala floods: More than 11,000 claims worth Rs 1,200 crore filedAll flood-related deaths will be treated as accident cases eligible for insurance claims, Srinivas said, adding the companies will go by th...
Kerala floods: Shares of these companies will be impactedWhile the floods wreaked havoc on the finances of people living in the state, they could also have an impact on the portfolios of others el...
Relax non-performing asset rules for Kerala loans: BanksIn the past, the central bank had granted forbearance for loans to small businesses during demonetisation. More recently, relief was grante...
View: Kerala floods show Modi has his priorities wrongPinning down the cause of the disaster is important in assessing Modi’s spending priorities as he heads into an election year.
CLSA sees adverse impact of Kerala floods on select companiesThe firm said cement companies Ramco Cements and India Cements could see a near-term demand slowdown
Kerala floods: Insurance claims likely to be upwards of Rs 1000 croreAssessment of claims will take place with situation moving to normal, a senior official of an insurance firm said, adding clear picture wil...
Kerala floods: IRDAI sets guidelines to make claims process easier for insurance claimantsIn case of the Kerala floods, IRDAI has asked insurers to take immediate steps to mitigate the hardships of the affected insured population...
Settle claims quickly in flood-hit areas of Karnataka: Irda to insurersThe companies have also been asked to nominate one senior officer to act as nodal officer who would be coordinating/expediting the settleme...
Insurers say Kerala floods claims may touch Rs 500 croreInsurers are expected to take losses mainly under householders’ policies and life and motor claims.
Swiss Re puts India at No. 2 in worst catastrophe listWorldwide, the year 2016 saw 327 disaster events, of which 191 were natural catastrophes and 136 were man-made.
Tamil Nadu floods: Insurers look at Rs 200 crore claims for 8 private jetsGeneral insurance companies are likely to receive claims worth around Rs 200 crore from the owners of eight corporate jets that have been p...