Reinsurance in India
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The Premier Insurance Company in Ahmedabad, Gujarat deals with property liability insurance. The state remained the biggest liability for public sector non-life insurance companies in the country for the third consecutive year. The insurance companies in the state are supposed to cough up around Rs150 crore to settle insurance claims of the riot-affected business establishments. This follows just after the insurance companies had managed to settle claims worth Rs 600 crore as a result of the earthquake on January 26, 2001...
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