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ARTICLE · 04 JANUARY 2016

The Chennai Floods - The Insurance Impact

In the last month the Tamil Nadu and Andhra Pradesh regions of India have suffered devastating floods, with the Chennai metropolitan region particularly damaged.

IndiaInsurance

This update is authored by Clasis Law, Clyde & Co's associated firm in India

In the last month the Tamil Nadu and Andhra Pradesh regions of India have suffered devastating floods, with the Chennai metropolitan region particularly damaged. The rains first began in the region on 8 November and after two days of exceptionally heavy rainfall, Chennai was left flooded. By 17 November, 10,000 people had been evacuated and troops were called in soon after to lead the rescue mission.

The situation rapidly worsened when fresh rainfall began on 1 December, leading to the suspension of all flights from Chennai city airport. As the death toll continued to rise, various businesses were affected; The Hindu newspaper was not published for the first time since 1878, car manufacturers were forced to suspend operations and Chennai Petroleum closed its oil refinery. The floodwaters finally began to recede on 4 December, leaving more than 269 dead and more than 5,000 houses

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