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Air India’s Ahmedabad Crash:Re/insurers clear $125 million claims for AI’s Hull and engines

Air India’s Ahmedabad Crash:Re/insurers clear $125 million claims for AI’s Hull and engines

by AIP Online Bureau | Jul 30, 2025 | Indian News, Non-Life, Reinsurance

Indian reinsurer GIC Re had said Air India’s Ahmedabad crash claim likely to hit a total of $475 million including  $350 million of liability claims involving the compensation amount for 270 people who lost their lives due to the mishap London/Mumbai: Global...
Air India’s Ahmedabad Crash:Re/insurers clear $125 million claims for AI’s Hull and engines

Air India cockpit recording suggests captain cut fuel to engines before crash, report

by AIP Online Bureau | Jul 18, 2025 | International News, Risk Management, Technology

India’s Aircraft Accident Investigation Bureau (AAIB), which is leading the investigation into the crash, said in a statement on Thursday that “certain sections of the international media are repeatedly attempting to draw conclusions through selective and...
Air India’s Ahmedabad Crash:Re/insurers clear $125 million claims for AI’s Hull and engines

AAIB initial report on plane crash found no mechanical maintenance issues with Boeing 787-8 plane AI CEO

by AIP Online Bureau | Jul 14, 2025 | Indian News, Risk Management, Technology

“out of an abundance of caution and under the oversight of regulator DGCA, every Boeing 787 aircraft operating in our fleet was checked within days of the accident and all were found fit for service. We continue to perform all necessary checks, as we will any...
Amid Air India probe, US FAA, Boeing notify fuel switch locks are safe, document, sources say

Amid Air India probe, US FAA, Boeing notify fuel switch locks are safe, document, sources say

by AIP Online Bureau | Jul 13, 2025 | International News, Risk Management, Technology

The FAA’s Continued Airworthiness Notification on July 11 came after a preliminary report on Friday into last month’s Boeing 787-8 crash, which killed 260 people, raised questions over engine fuel cutoff switches. WASHINGTON/NEW DELHI/MONTREAL: The U.S....
Air India’s Ahmedabad Crash:Re/insurers clear $125 million claims for AI’s Hull and engines

From hotel cancellation to loss of baggage, Ahmedabad air crash victims opted for array of retail insurance

by AIP Online Bureau | Jul 13, 2025 | Indian News, Non-Life, Reinsurance

The incident has triggered retail claims under various insurance categories like travel, personal accident, and life insurance, including those from Kisan Credit Card holders. Personal accident claims have emerged as a significant category, second only to life...
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