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Industry Specific - Insurance Central Ministry of Finance Insurance Act, 1938

Insurance claims relating to Floods in Himachal, Punjab, Haryana and Delhi regions

16-Jul-2023 | Circular no: IRDA/NL/CIR/MISC/146/7/2023

IRDAI has issued a circular regarding the Insurance claims relating to Floods in Himachal, Punjab, Haryana and Delhi regions wherein the Floods (July 2023) in various States of North India are expected to cause widespread loss to property (homes and businesses) and infrastructure. By virtue of this circular, General Insurers and Standalone Health Insurance Companies are advised to mobilize all resources to ensure immediate service response including outsourced functions such as investigators, surveyors, and loss adjustors. Further, all the General Insurers (including Standalone Health Insurers) are advised to submit information related to the flood claims to the IRDAI in the format attached on a weekly basis at nl-catastrophe@irdai.gov.in for a month.

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