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Premiums for disaster-prone areas need to be subsidised: Parl panel

Premiums for disaster-prone areas need to be subsidised: Parl panel

by AIP Online Bureau | Feb 7, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management

This may require a specialized insurance business to be set up by one of the PSU general insurance companies with subsidized premiums for disaster-prone areas, the panel said The government may need to consider how to provide insurance for projects that have to deal...

Over 2,000 people lost lives in natural disasters in 2021-22: Govt

by AIP Online Bureau | Dec 20, 2021 | Disaster & Management, Indian News

According to data shared by the Jal Shakti Ministry in response to a question in Rajya Sabha, Maharashtra accounted for the highest number of deaths at 489, followed by 162 each in Gujarat and Uttar Pradesh. New Delhi: Over 2,000 people lost their lives due to...

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