Friday, October 30, 2020

Aviation insurance losses touch an all-time high as claims hit Rs 3,700 crore

Aviation insurance losses touch an all-time high as claims hit Rs 3,700 crore According to sources, 2014-2020 has been the worst six years for the aviation insurance segment. The recent Air India Express crash in Kerala resulted in an insurance loss of $89 million, one of the highest claims in the industry. As claims increase, insurers will increase premium rates.

from Moneycontrol Business News https://ift.tt/3kFCSVO

No comments:

Post a Comment

Who is Ebrahim Raisi, Iran's president whose helicopter suffered a 'hard landing' in foggy weather?

News of his helicopter making what state media described as a "hard landing" on Sunday immediately brought new attention to the le...