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AI plane crash: Insurers in a fix as both policyholders and nominees among dead

AI plane crash: Insurers in a fix as both policyholders and nominees among dead

by AIP Online Bureau | Jun 18, 2025 | Indian News, Life, Non-Life, Regulation, Reinsurance

There are instances of an entire family perishing or one of the spouses dying in the horrific June 12 crash of the London-bound plane, which claimed the lives of 241 persons on board and 29 on the ground Ahmedabad: Insurance companies are facing challenges in settling...
DGCA says no ‘major safety concerns’ on Air India’s Boeing 787 fleet

DGCA says no ‘major safety concerns’ on Air India’s Boeing 787 fleet

by AIP Online Bureau | Jun 17, 2025 | Indian News, Risk Management

It advised the airline to strengthen internal coordination across engineering, operations, ground handling units and ensure availability of adequate spares to mitigate passenger delays resulting from such issues and strictly adhere to regulations. New Delhi: After...
AI plane crash: Insurers in a fix as both policyholders and nominees among dead

Air India’s Ahmedabad crash claim likely to hit around $475 million, liability losses can touch $350 million, says GIC Re

by AIP Online Bureau | Jun 16, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology

As surveyors and lawyers from London, appointed by reinsurers of Air India policy, are now camping in Ahmedabad to  take stock of devastation and prepare various loss reports including Hull and passenger liability  so that re/insurers will start paying...
AI plane crash: Insurers in a fix as both policyholders and nominees among dead

Plane crash DNA tests identify 47 victims, 24 bodies handed over to kin

by AIP Online Bureau | Jun 15, 2025 | Disaster & Management, Indian News, Non-Life, Reinsurance

The committee, headed by Union Home Secretary Govind Mohan, is mandated to ascertain the “root cause” of the plane crash and assess any contributing factors, including mechanical failure, human error, and regulatory compliances. The committee has been...
Govt forms high-level committee to investigate Air India AI-171 crash

Govt forms high-level committee to investigate Air India AI-171 crash

by AIP Online Bureau | Jun 14, 2025 | Indian News, Policy, Regulation, Risk Management

It will also review the current safety rules and suggest new ways to prevent such accidents in the future. New Delhi: The Indian government has set up a high-level committee to investigate the tragic crash of Air India Flight AI-171. The group has been asked to submit...
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