Reliance General leads $48mn Air India plane crash
Broker Marsh placed the insurance programme for the Air India Boeing 737-800 that crashed on Saturday (22 May) and killed all but eight on board, The Insurance Insider understands.
The hull value of the plane is thought to be $48mn, according to aviation sources.
Liability losses are expected to be relatively modest because there were few European or American passengers.
India-based Reliance General leads a consortium of insurers covering the Air India fleet, followed by Bajaj Allianz, HDFC Ergo and...
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