A Dreamliner that never dreamt again 240+ lives lost One of the darkest days in India’s aviation history But it isn’t just a tragedy. It’s one of the largest insurance claims in Indian aviation • Aircraft loss: ₹650–700 cr • Passenger liability: ₹240 cr+ • Legal+Recovery+Misc: ₹100–200 cr •Total exposure: ₹1,500 cr+ To compare— that’s more than Go First total dues Air India pays ₹250 cr annually for insurance. This one accident wiped out years of premiums Insured by Tata AIG, backed by GIC Re, United India, Oriental & ICICI Lombard. But 95% of the risk? Passed on to global reinsurers— AIG, AXA XL, Lloyd’s of London, Bermuda-based firms. Indian insurers pay just ₹50–75 cr. Rest hits global balance ***** aviation reinsurers are reassessing risks in Asia— India is being marked as a high-risk zone for wide-body aircraft Airlines will face higher premiums. Reinsurance rates will rise Aviation deals will get tougher Markets will recover Insurance will adjust But 240 families—they won’t $TATAINVEST