Last Updated:January 24, 2026, 10:21 IST Air India received $125 million from global reinsurers and Indian insurers for hull and engine losses after the Ahmedabad crash, with $25 million paid to victims’ families. The London-bound aircraft crashed just 32 seconds after takeoff from the Ahmedabad airport. (PTI Photo) Global reinsurers and Indian general insurance companies have paid $125 million to Air India to cover hull and engine losses following the recent air crash in Ahmedabad. The payout comes as part of the airline’s insurance claim, compensating for the damages sustained by the aircraft during the incident. The settlement will help offset repair and replacement costs, ensuring minimal disruption to the airline’s operations. They have also disbursed $25 million (Rs 225 crore) as compensation to the families of passengers who lost their lives in the crash. Insurance sources indicated that the compensation process is still ongoing and the total payout is expected to increase substantially once all claims are fully processed. Earlier, Indian reinsurer GIC Re had estimated that Air India’s Ahmedabad crash claim could reach …