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”.

International

Insurers in India call for new building code following Nepal quake

May 07, 2015 Reprints

India's insurance regulator and nonlife insurers have been looking to ask the country's National Disaster Management Authority to make earthquake-resistant construction codes compulsory for availing property insurance against earthquake damage, reports Asia Insurance Review citing Mint.

The move is to reduce potential losses to insurers and reinsurers from earthquake damage.

The call comes following the devastating earthquake that recently hit Nepal.

"The premium for non-earthquake-resistant buildings should be made 10 times the premium for earthquake-proof properties," said an official.

Help

Insurers in India call for new building code following Nepal quake

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources