Summary: India’s deadliest plane crash in over a decade is expected to trigger a $608 million insurance claim, making it one of the country’s costliest. The claim, covering aircraft hull and engine damage and liability for loss of life, will impact the global aviation insurance and reinsurance market, potentially leading to higher premiums for airlines in India. The financial burden will primarily fall on international reinsurers.

Link: https://www.straitstimes.com/business/banking/air-india-crash-seen-triggering-608-million-in-insurance-claims