India Insurance News : To Provide Cover to Air India, TATA Subsidiary Joins Insurance Consortium

Not long after the TATA group taking over Air India, a subsidiary of the salt-to-software conglomerate has joined a consortium to provide insurance cover to the airline. With that, TATA AIG General Insurance Company will for the first time be associated with Air India get cause of its cover.

The insurance cover, pegged at $12 billion (approx Rs 91,000 crore) will provide cover to 141 aircraft (117 of Air India and 24 of Air India Express) and also passenger liability among other things from April 1.

Source-

https://www.business-standard.com/article/companies/tata-subsidiary-joins-insurance-consortium-to-provide-cover-to-air-india-122033100048_1.html

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