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.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.
Subscribe to:
Post Comments (Atom)
-
The company, one of the leading manufacturers of soda ash, had initiated the process of carving out its textiles business into GHCL Textile...
-
The BRLLR linked to RBI Repo Rate is revised downwards in line with the reduction on Reserve Bank of India Repo Rate from 5.15 percent to 4...
-
The company did not export units last month while it had dispatched 804 Etios units in in June 2019.
No comments:
Post a Comment