IndiaInsurance
30th June 2011, 06:58 AM
The General Insurance Corporation of India (GIC), the designated national reinsurer, has seen a claim of Rs 400 crore from the catastrophe in Japan. Japan was hit by an earthquake on March 11 this year. This was followed by tsunami and fire outbreak that lasted for close to a week. The entire catastrophe has taken the total economic loss to the extent of $409 billion.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/japan-earthquake-and-nuclear-catastrophe-leaves-a-rs-400-crore-hole-in-gic-books/articleshow/9045197.cms)
More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/japan-earthquake-and-nuclear-catastrophe-leaves-a-rs-400-crore-hole-in-gic-books/articleshow/9045197.cms)