Property Damage

• The large spectrum of corporate clients gives us a unique perspective from handling large and complex claims to handling large claims in a single CAT event like a Flood or a Storm.
• Large Property damage claims are rare for an insured and are usually a one off, and each claims situation has its unique challenges. We at Bharat RE have managed thousands of such cases over two decades has put us at a distinctive advantage in understanding the claims environment.
• Multiple claims due to Fire, Explosion across industry segments like Chemicals, Engineering, Power & Infrastructure, Sugar & Distillery, Cement etc..

(Values in INR Lakhs)

• 

  Fire in R & D Lab
  800

• 

  Machinery Breakdown in Turbo Generator
  400

• 

  Fire
  376

• 

  Fire in Carburetor Testing Area
  100

• 

  Damage to Property & Stocks
  1,140

• 

  Fire in Yarn Texturising Unit
  20,000

• 

  Storm damage
  7,000

• 

  Fire in Manufacturing Area
  1,600

• 

  Fire near lubricating oil tank
  400

• 

  Fire in Glass manufacturing plant
  650

• 

  Damage due to Food
  3,700

• 

  Fire & Explosion in manufacturing blocks
  800

• 

  Fire in Seat manufacturing unit
  700

• 

  Flood in Printing Press
  600

• 

  Fire in cotton godown within Mill premises
  600

• 

  Windmills - Fire
  600

• 

  Machinery Breakdown in Rotor and Stator in Turbine
  500

• 

  Flood in alkali chemical manufacturing unit
  400

• 

  Fire in godown in Feed Mill
  525

• 

  Fire in Autoconer department
  300

• 

  Fire in Diesel Generator Area
  100

• 

  Flood in water purifier manufacturing plant
  400

• 

  Explosion in Solvent Recovery Plant
  200

• 

  Spontaneous combustion of bio mass
  200

• 

  Earthquake damage to Carbonization tower area
  275

• 

  Windmills - Breakdown
  100

• 

  Explosion in paper manufacturing machine
  100

• 

  Fire
  743

• 

  Fire
  262

• 

  Fire
  561