Vehicle insurance claims spike due to rain
The Hindu
Insurance companies have so far received most claims from the motor vehicle segment due to the damages caused by the recent heavy rain in Chennai. Sanjay Datta, chief of Underwriting, Claims and Reins
Insurance companies have so far received most claims from the motor vehicle segment due to the damages caused by the recent heavy rain in Chennai.
Sanjay Datta, chief of Underwriting, Claims and Reinsurance at ICICI Lombard General Insurance said as of now, the company had received 296 claim intimations after the recent Chennai floods.
“We saw a maximum number of claims reported in the private car category (260 claims), followed by 33 claims in the two-wheeler and three claims in the commercial vehicle categories,” he said.
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