In a circular to insurers, the Insurance Regulatory and Development Authority of India (Irdai) said the recent train accident has caused immense loss of human lives and injuries to a thousand passengers and train crew members. There is an urgent need for the insurance industry to take immediate steps to mitigate the hardships of the affected insured population by ensuring immediate registration and settlement of eligible claims, it said.from Banking/Finance-Industry-Economic Times https://ift.tt/OouzEU8
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