The ongoing floods in Delhi show how heavy rainfall in the mountain areas can impact cities downstream. Several studies across cities have ...

Severity of disasters, which are taking place at shorter intervals, has prompted insurers to consider hiking rates in April 2020, when poli...

The agrarian district is known for cultivation of coffee, tea, spices and rubber, and has seen suicides by some farmers unable to repay the...

While disaster management and emergency numbers will help to arrange for help to save lives, the insurance companies have also set up their...

The IRDAI has already asked insurers for quick registration and disposal of claims for any one affected by these floods.

Heavy rains and subsequent floods have adversely affected life and property in Kerala and some districts of Karnataka.

All flood-related deaths will be treated as accident cases eligible for insurance claims, Srinivas said, adding the companies will go by th...

While 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...

In the past, the central bank had granted forbearance for loans to small businesses during demonetisation. More recently, relief was grante...

Pinning down the cause of the disaster is important in assessing Modi’s spending priorities as he heads into an election year.

The firm said cement companies Ramco Cements and India Cements could see a near-term demand slowdown

Assessment of claims will take place with situation moving to normal, a senior official of an insurance firm said, adding clear picture wil...

In case of the Kerala floods, IRDAI has asked insurers to take immediate steps to mitigate the hardships of the affected insured population...

The companies have also been asked to nominate one senior officer to act as nodal officer who would be coordinating/expediting the settleme...

Insurers are expected to take losses mainly under householders’ policies and life and motor claims.

Worldwide, the year 2016 saw 327 disaster events, of which 191 were natural catastrophes and 136 were man-made.

General insurance companies are likely to receive claims worth around Rs 200 crore from the owners of eight corporate jets that have been p...