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Grand Insurance Company To Start Paying Compensation To Relatives Of

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  • Grand Insurance Company To Start Paying Compensation To Relatives Of

    GRAND INSURANCE COMPANY TO START PAYING COMPENSATION TO RELATIVES OF THE KILLED IN AIR CRASH NEAR SOCHI

    Yerevan, June 20. ArmInfo. Grand Insurance Company is to start paying
    compensation to the relatives of the killed in the crash of A-320
    Airbus near Sochi no more than in 20 days, Artak Antonyan, Grand
    Insurance Company Executive Director, told ArmInfo.

    The compensation will be paid after all the necessary documents are
    registered, Antonyan said. At present, 109 relatives of the killed
    have submitted necessary documents to the company, the documents of
    another 4 passengers will be submitted within the coming two days, he
    said. All the necessary documents were sent to London for confirmation
    and transfer of compensation.

    To note, Grand Insurance Company reinsured 100% aviation risks at
    LLOYD'S reinsurance corporation in London.
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