Printed from

Fire premiums for bulk drugmakers rise four-fold

Posted On: Nov. 28, 2019 5:19 AM CST

Rising claims haveĀ caused fire insurance premiumsĀ for bulk drug manufacturers in India to increase three to four-fold since last year, Money Control reported. In February, General Insurance Corporation of India hiked fire premiums for eight industries, including bulk drugs, steel plants, thermal power plants, textiles, plastics, rubber goods, warehouses and chemical manufacturing.

Read more.