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AIRCRAFT CRASH INSURANCE
Baramati plane crash likely to result in ₹50 crore claim, insurers sayA fatal Learjet 45 crash near Pune, killing five, is expected to trigger insurance claims of approximately ₹50 crore. The aircraft, insured...
Cargo plane skids off runway and crashes into sea in Hong Kong - Check shocking images and videoTragedy struck Hong Kong International Airport early Monday as a cargo plane veered off the runway and into the sea, claiming two lives. Th...
IndiGo's insurance premium likely to rise, in single digitsIndiGo Airlines may see a rise in aviation insurance costs. This follows a recent Air India accident and a tougher reinsurance market. Spic...
Air India crash risks fueling up to 30% jump in insurance premiumsAirline insurance costs in India are likely to increase significantly. This follows a major aviation accident. Experts predict premiums cou...
Air India crash could trigger $475 million in claims; insurance cover hiked weeks beforeWeeks before the Air India Boeing 787-8 Dreamliner crash near Ahmedabad, its insurance cover was increased to ₹850 crore. The total payout ...
IndiGo in for a crash course in surge in insurance costsIndiGo airlines is bracing for a potential surge in aviation insurance costs upon policy renewal, influenced by escalating geopolitical ris...
Air India plane crash unsettling, but won't hit aviation sectorA recent Air India plane crash may cause insurance rates to increase for Indian airlines. The aviation industry in India was recovering wel...
Air India plane crash: Tata Group calls in Boeing, GE for technical supportThe Tata Group is bringing in top experts from Boeing and GE Aerospace to Ahmedabad to support the government's ongoing investigation into ...
Air India crash may trigger over ₹1,000 crore in insurance claims, likely to be India’s biggestA recent Air India Boeing 787 Dreamliner crash near Ahmedabad, resulting in over 240 fatalities, is projected to trigger insurance claims e...
Air India plane crash: At $120 million+, insurance claim to be costliest for Indian aviationThe Air India crash in Ahmedabad is expected to result in India's costliest aviation insurance claim, with estimates exceeding $120 million...
Insurance payout for passengers of Air India's crashed plane to be governed by Montreal Convention: ExpertsFollowing the Air India plane crash in Ahemdabad, insurance payouts to dependents will be determined by the Montreal Convention. Compensati...
Insurance cost of aviation companies may go up if pilot fails DGCA’s psychiatric testThe cost of insurance for aviation companies may rise if the DGCA goes ahead with its plans to make it mandatory for pilots to undergo psyc...
Airlines' insurance costs shoot up globally after a spate of accidentsWhile the cost of personal cover insurance is still under control, war and hull insurance costs have shot up.
Air India’s insurance contract up for renewal on October 1 for an estimated $25 millionAir India’s current insurance policy, issued by New India Assurance, includes a $9.5-bn hull cover and a combined single liability of $1.5 ...
Airlines insurance premium set to jump on Malaysian tragediesAir India and budget airline GoAir's insurance renewal is due for October, while that of Jet Airways is due in next January.
- Insurance a vital link to get life back on track
While the loss of a near and dear one is irreparable, one must pick up the threads and ensure life continues.
- Iran Airline crash may cost GIC Rs 25 cr
It's official. Reinsurance major General Insurance Corporation of India was lead reinsurer for the Tuppley TU-154 passenger aircraft that c...