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Reinsurers stick to rule book, to pay only upto Rs 500 crore as claims for Rs 12,000 cr Teesta Hydro power project

by AIP Online Bureau | Oct 24, 2023 | Indian News, Non-Life, Reinsurance

“For Sikkim event, loss assessment is underway.  We do not expect it to be a major event based on initial information available,” said Hitesh Joshi, general manger, GIC Re to Asia Insurance Post “Our hands are tight, We will go by the rule book and the...

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