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

Pradip Karmakar12 months ago01 mins

Air India crash (Photo: AP) Total claims from the Air India crash in Ahmedabad could touch $475 million, driven by liability payouts that are expected to be over 2.5 times the aircraft value, said Ramaswamy Narayanan, chairman and managing director of GIC Re. In rupee terms, the claims could exceed Rs 4,000 crore.“The way we…

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