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Al 171 Crash: $475 million insurance claim ranks among India’s costliest
NF Times
|June 18, 2025
India's non-life insurance major, General Insurance Corporation of India (GIC Re), estimates that total insurance claims related to the June 12 crash of Air India Flight Al 171, a Boeing 787-8 Dreamliner, could reach up to $475 million (approximately ?39.4 billion), making it one of the country’s costliest insurance claims.
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The Ahmedabad-to-London flight, carrying 242 individuals—230 passengers and 12 crew members—tragically crashed shortly after taking off from Sardar Vallabhbhai Patel International Airport in Ahmedabad. Total claims for the Air India crash could reach $475 million, driven primarily by liability payouts, which are expected to exceed the aircraft's value by more than 2.5 times, GIC Re stated on Tuesday. In rupee terms, this translates to approximately ?4,091 crore (based on current exchange rates).
Cette histoire est tirée de l'édition June 18, 2025 de NF Times.
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