The total claims of the Air India accident in Ahmedabad can touch $ 475 million, which is operated by liability payment, which is expected to exceed 2.5 times the price of the aircraft, Ramaswami Narayanan, Chairman and Managing Director of GIC Ray said. In terms of rupee, claims may exceed Rs 4,000 crore.Narayanan said, “The way we see it, the hull will be about 125 million dollars and due to passenger liability, third-party liability and other PA and travel policies in Vogue, the claim of liability should be up to $ 350 million.” Although GIC RE is not a direct insurer, it is in touch with Air India fleet through re -rebel. As a national rebeller, it is also part of the damage done by each domestic non-life company, which is mandatory to reduce a part of the risks.
