Saudi Arabia – Companies started receiving heavy rain claims
Saturday, 11 28 2015, Category: Insurance and Reinsurance, Country: Saudi Arabia
Legal experts confirmed that the persons afflicted by the heavy rains in KSA during the past days can sue legally the parties responsible about the supervision and implementation of projects affected by the damages, whether they took places in houses, streets or even commercial shops.
They mentioned in a discussion with the “Al Riyadh” newspaper that the country offers assistance when damages occur in emergency cases. The emirates of the region are responsible about establishing committees to assess the damages that will be formed by the Ministry of Interior and the Ministry of Finance which will survey the damages within a maximum period of 20 days starting from the assessment date.
Moreover, insurance companies in the KSA committed to fulfill their basic duties in processing the heavy rain claims in a number of regions in the kingdom where “Alinma Tokio Marine Company” announced that it received information related to flood damages dated 25 November 2015 concerning motor vehicle agencies affected in the city of Jeddah.
Source: Al Riyadh Newspaper