Insurers settle Chennai flood claims

Indian insurers have so far settled over 30,000 claims out of over 52,000 claims related to the 2015 floods in the country's Chennai city in Tamil Nadu state, The Financial Express reports.

Insurers have received claims worth up to 60 billion Indian rupees ($902.4 million) from the floods. Four public sector insurers have received claims worth roughly INR 30 billion.

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