Aviation accidents to push insurance rates sky high
Posted On: May. 7, 2019 6:36 AM CSTIndian airlines including InterGlobe Aviation Ltd. and SpiceJet Ltd. are likely to face up to a 100% increase in insurance rates after four major aircraft accidents occurred recently around the world, The Indian Express reported citing sources. Airlines that have not submitted claims are likely to face up to a 20% rise in rates, the sources said.