Saturday, 29 May 2010

Air India Boeing 737 Crash ( May 22 - 2010 ) – Some Insurance Facts

  • Primary Insurer - Four private companies consortium led by Reliance General. The other general insurers include Bajaj Allianz, HDFC Ergo and Iffco Tokio.

  • Air India's total loss stands at USD 750 million. Air India can hull entire insurance worth USD 50 million. The entire insurance includes passenger and third party liability.

  • The upcoming renewal of Air India Fleet Insurance is due on September 2010 – this year the rate may raise significantly due to the tragic accident .

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