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Tag: Fire Insurance

ONGS gas well
ONGC’s gas well blowout

By: Insurancepe January 16, 2026

On 5th January 2026, a dramatic gas well fire broke out at Mori-5 during re-drilling operations at an ONGC-operated well in the Konaseema region of Andhra Pradesh. Flames shot more
wedding insurance
Insuring the great Indian wedding

By: Insurancepe December 30, 2025

Indian weddings are no longer just family functions. They are large, expensive, multi-day productions involving venues booked months in advance, dozens of vendors, hundreds of guests, travel arrangements, jewellery, décor,
asia floods 2025
Asia Floods 2025: India’s wakeup call?

By: Insurancepe December 18, 2025

November and December 2025 have been marked by devastating floods across large parts of Asia. Relentless rainfall, cyclones, landslides and overflowing rivers have claimed well over a thousand lives, displaced
hong kong fire
The Hong Kong high-rise fire

By: Insurancepe December 4, 2025

On 25 November 2025, Hong Kong witnessed its deadliest fire in 70 years. A massive blaze tore through seven high-rise towers at Wang Fuk Court in Tai Po, a housing
insurance fraud
The reward of insurance fraud

By: Insurancepe November 6, 2025

It might sound like a clever plan: report a fake fire, show some forged bills, and walk away with a cheque from the insurer, but for two Mumbai-based businessmen, that
firecrackers
As India prepares for Diwali this October, the streets will glow with lamps, sweets will be exchanged, and fireworks will light up the night sky. But with these fireworks comes
war and nuclear risk
Does your insurance cover War?

By: Insurancepe May 16, 2025

In light of the recent tensions along the India-Pakistan border, a question that has come up time and again is: Does insurance cover war-related damages? Let’s break it down by
Claims data 2024
Concerning claims payment data 2024

By: Insurancepe January 4, 2025

The Insurance Regulatory and Development Authority of India (IRDAI) has revealed concerning data for FY2024: nearly one-third of all registered insurance claims remain unpaid. This includes over 3 crore claims
safe deposit lockers insured?
Safe deposit lockers – are they insured?

By: Insurancepe November 21, 2024

On 18th November 2024 robbers decamped with 19kg of gold ornaments valued at Rs. 13 crore kept in the strongroom of the State Bank of India (SBI) branch of Rayaparthy
Tata Power Trombay
Tata Power recently made headlines by filing a substantial insurance claim of Rs. ₹221 crore following a fire at its Trombay Plant (Unit 5) on September 24, 2024. This fire