The General Insurance Corporation of India holds the cover for the Tuppley TU-154 passenger aircraft that crashed in northwestern Iran earlier today, killing all 168 on board, according to The Insurance Insider.

Among the passengers were members of the Iranian Junior Judo team, traveling to a training camp in Armenia ahead of international competitions in Hungary in August, the Iranian Student’s News Agency reports. The Caspian Airlines aircraft crashed 16 minutes after take-off from Iran's Imam Khomeini International airport at 8:03am GMT. As of press time, claims estimates were not released, but U.S. experts predict these estimates to be in the “hundreds of millions [dollars].”

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