In the aftermath of the floods in Jammu &Kashmir in September 2014,the Public Sector General Insurance Companies received 13,909 claims , out of which 13,612 claims have been settled for a total amount of ₹ 729.75 Crore. For most of the 297 claims remaining, on account payment has already been made and final settlement is under process.

 The Private Sector General Insurance Companies received 34,163 claims , out of which 31,195 claims have been settled for an amount of ₹ 1076.12 Crore. Further, a total number of 2684 claims are under process with these companies for an amount of ₹ 225.17 Crore for settlement.

 The Life Insurance Corporation of India and the Private Sector Life Insurance Companies received 7 and 24 death claims respectively , and all these claims have been settled.

Insurance claim settlement following floods confirms majority of general and life insurance claims processed, with pending finalisations ongoing. Public sector general insurers received 13,909 flood claims, settling 13,612 with interim or final processes ongoing for the remaining 297; private general insurers received 34,163 claims, settling 31,195 with 2,684 under process. Life insurers received a small number of death claims, all settled. The statement records claim intake, settled counts, amounts paid, and continuing finalisation procedures including on-account payments for outstanding claims.