The flood of 2014 has claimed over 200 human lives and billions of rupees in terms of damage to private property, businesses and government infrastructure. Jammu & Kashmir has been hit by the worst floods in over a century, throwing basic infrastructure like power, railways and communication in the state completely out of gear.
,The Public Sector General Insurance Companies received 13,909 claims &
The Private Sector General Insurance Companies received 34,163 claims , which were settled for an amount of Rs 2000 Crore.
We were also engaged for assessment of various kind lossess by Public & private sector insurance Co. The surveyors & insurers worked overtime due the pressure exerted from the Govt. side. The high court also gave some strict guidelines for quick settlement of claims