General insurance companies are likely to receive claims worth around Rs 200 crore from the owners of eight corporate jets that have been partly damaged by recent floods in Tamil Nadu.
The affected planes are owned by companies such as Kalyan Jewellers, TVS Motor, SUN TV, Garuda, Jet Airways, and Joy Jets, owned by Kerala-based jeweller Joy Alukas.
This is over and above close to Rs 3,000 crore claims the industry has received so far from the general public and industries after nearly a month-long floods drowned Chennai and neighbouring districts of Tamil Nadu and Puducherry.
"One of our aircraft, the Brazilian-made Phenom 100 has got damaged due to the deluge and currently, we are busy assessing the loss," an executive of Joy Jets said.
13/12/15 PTI/Business Standard
To Read the News in full at Source, Click the Headline
The affected planes are owned by companies such as Kalyan Jewellers, TVS Motor, SUN TV, Garuda, Jet Airways, and Joy Jets, owned by Kerala-based jeweller Joy Alukas.
This is over and above close to Rs 3,000 crore claims the industry has received so far from the general public and industries after nearly a month-long floods drowned Chennai and neighbouring districts of Tamil Nadu and Puducherry.
"One of our aircraft, the Brazilian-made Phenom 100 has got damaged due to the deluge and currently, we are busy assessing the loss," an executive of Joy Jets said.
13/12/15 PTI/Business Standard
