Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

India: Delayed insurance settlement affecting farmers, says regulator

Reprints

India's insurance regulator has called on government bodies and other agencies to accelerate the process of settling crop insurance claims, The Hindu Business Line reported.

M. Ramprasad, member of the Insurance Regulatory and Development Authority, said "claims of a particular crop season are being settled almost after the expiry of the subsequent season."

Meanwhile, All-India Kisan Sabha vice-president S. Malla Reddy said "premiums are so high that farmers are reluctant to go for insurance cover."

Read more