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.