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Air India plane crash: Claims could reach $475 million, says GIC Re

IndiaTimes Tuesday, 17 June 2025
GIC Re estimates total claims from the Air India crash in Ahmedabad could reach $475 million, with liability payouts significantly exceeding the aircraft's value. Ramaswamy Narayanan, chairman of GIC Re, projects hull claims at $125 million and liability claims around $350 million.
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Video Credit: Oneindia - Published
News video: Ahmedabad Air India Plane Crash Black Box Found EXCLUSIVE Ground Report: What Exactly Happened?

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Air India Plane Crash: Ground teams have recovered the black box of the ill-fated Air India aircraft that went down in a fiery crash earlier this morning. Was it a mechanical failure, human error, or something more sinister? Exclusive Report from Ministry of Civil Aviation HQs in New...

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