No catastrophe insurance cover yet

In the wake of the natural disaster in Uttarakhand, the proposal for ‘catastrophe insurance’ is in spotlight.  Early this year, non-life insurance companies had presented a......

Uttarakhand: Insurers on high alert

Public general insurance companies to collaborate for speedy settlement of claims Flashfloods in Uttarakhand, which have claimed the lives of over 500 people in the past few days, have also got......

How victims of catastrophe can get faster relief

India, Bangladesh and Sri Lanka faced an estimated total economic loss of Rs 1,517.1 crore (Rs 15.17 billion) in 2012 from natural disasters - including floods and Cyclone Nilam - according to Aon......