Disclaimer :  This document is purely for the purpose of generating awareness. The figures mentioned in the dossier are of an indicative nature & the company will not be held liable to prove the accuracy & the veracity of these incidences.   1) Up Against 37 Farmers !!! -> Quantum Of Claim : INR 4.75 Crores -> Status : Settled ->...

“Vessel Casualty Report gives details of vessels which have met with some casualty while carrying cargo from one Port to another and which may have resulted in (i) loss/damage to the cargo carried in the vessel or (ii) General Average Loss/Expenditure. Please go through the Casualty Report and check whether your cargo had been carried in any of the vessels mentioned therein and check...

“Vessel Casualty Report gives details of vessels which have met with some casualty while carrying cargo from one Port to another and which may have resulted in (i) loss/damage to the cargo carried in the vessel or (ii) General Average Loss/Expenditure. Please go through the Casualty Report and check whether your cargo had been carried in any of the vessels mentioned therein and check...

As an informed exporter, it is important to know the major economic indicators of the countries where you are exporting. This is important to foresee if there are any possible chances of payment defaults. If there is, changes can be made in the payment terms. Hence, in order to aid this decision making process, we present the findings provided by...

Dear Sir/ Madam, As a part of our duty of updating you on General insurance matters, we bring to your notice that, with effect from 1st March 2019 , GIC has initiated some major changes with regard to the underwriting of risks  as under for New business as well as renewal in Fire Portfolio. Kindly , note the changes as...