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General insurers receive 900 Covid-19 claims for Rs 18 cr
The general insurance companies have received 900 claims for over Rs 17 crore for Covid-19 treatment till Monday,according the General Insurance Council, the official representative body of the domestic general insurers.
Maharashtra at around 450 claims for about Rs 8 crore have remained at the top of the claim chart. The city of Mumbai itself has generated around 350 claims for around Rs 4 crore.
African swine fever detected in India for 1st time; 2,500 pigs die in Assam
“The National Institute of High Security Animal Diseases (NIHSAD), Bhopal, has confirmed that it is African Swine Fever (ASF). The Central government has informed us that it is the first instance of the disease in the country,” Animal Husbandry Minister Atul Bora said.
While swine flu can spread from animals to humans, swine fever does not, and therefore is not a public health threat.
Gallagher launches Pandemic group insurance product for India’s Front-Line Workforce
“Insurance products generally exclude pandemics, epidemics and infectious disease management in a commercial environment. As such, a COVID-19 specific solution for the India market presents a practical solution for the business community and our clients, and we are delighted to be able to reach this point,” Wade concluded.
Covid-19 will make life tough for non-life insurers: experts
“The Covid-19 will surely have its negative impact on the Indian non-life insurance industry as the lockdown is expected to continue in one way or other. There will be a drop in the business for the first quarter while improvement is expected in the second quarter of FY 21,” G. Srinivasan,Director, National Insurance Academy and former chairman-cum-managing director, New India Assurance
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