Insurers must expedite flood claim settlements for affected policyholders. The regulator has directed immediate deployment of surveyors and loss assessors. Special district-level claims desks and 24×7 helplines will be established. Electronic communication is encouraged to speed up claim registration and payments. This directive follows heavy rains and floods which began on July 19.
$1.5 trillion wealth transfer is coming. How India’s next-gen HNIs are rebuilding family portfolios
Next-generation HNIs are reshaping family portfolios with greater diversification, formal asset allocation and global exposure. Motilal Oswal Private Wealth’s Akash Hariani discusses private markets, pre-IPO