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Insurance claims drop 30-35% during Chennai floods compared to 2015

Yet another first week of December brought familiar scenes of rain, storm, flooding, power outages, and fallen trees. When Cyclone Michaung wreaked havoc, leading to the heaviest rainfall in 47 years in the city, residents of Chennai drew parallels to the devastating floods of 2015. However, initial data on insurance claims suggests that the impact this time may portray a more optimistic scenario.
Tamil Nadu Bajaj Allianz Shashi Kant Dahuja Insurance Company Cyclone Michaung Bajaj Allianz General
Source: rediff.com

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