IRDAI asks insurers to fast-track Assam flood claims

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.

L&T bags ultra mega Adnoc Offshore order worth over ₹15,000 crore

Larsen & Toubro’s offshore business secured a significant order exceeding fifteen thousand crore rupees. This prestigious contract comes from Adnoc Offshore for a major West Asian project. The engineering and construction conglomerate will develop multiple offshore facilities for the client. L&T Energy Hydrocarbon Offshore will lead the project’s engineering and construction scope. Fabrication work will…