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Tatas slash Air India’s insurance policy by 20%, pay $35 million prm to renew a $ 8 billion cover

Tatas slash Air India’s insurance policy by 20%, pay $35 million prm to renew a $ 8 billion cover

by AIP Online Bureau | Apr 25, 2022 | Indian News, Non-Life

`AI’s reduced cover excluding war cover for Russia and Ukraine region has been successfully placed in the London market  with a manageable premium just before Apr 1, the renewal date for the cover,’’ confirmed London market sources AIG continues to be the...
Air India cancels Delhi-Moscow flight over insurance issues amid war

Air India cancels Delhi-Moscow flight over insurance issues amid war

by AIP Online Bureau | Apr 7, 2022 | Non-Life, Reinsurance

The Air India’s Delhi-Moscow flight that was scheduled to operate on Thursday stands cancelled, the sources said They stated that the flight was cancelled as it was feared that the insurance may not be valid in Russian skies New Delhi: Air India on Thursday...
Tatas mandate New India, ICICI General and Tata Aig for Air India’s $10 billion renewal cover from Apr 1

Tatas mandate New India, ICICI General and Tata Aig for Air India’s $10 billion renewal cover from Apr 1

by AIP Online Bureau | Mar 28, 2022 | Indian News, Non-Life, Reinsurance

Air India’s insurance renewal may not be a very comfortable affair for the Tatas from the premium point of view as London market sources point out, the aviation insurance market of late has seen significant hardening up impacted by Russian-Ukraine war and crash...
Airbus in touch with Tata for providing new aircraft for Air India

Airbus in touch with Tata for providing new aircraft for Air India

by AIP Online Bureau | Mar 21, 2022 | Eco/Invest/Demography, Indian News, Non-Life

According to Airbus India President Remi Maillard said: “We are in talks with all airlines.” , India is set to witness a massive growth in outbound passenger traffic As per estimates, India is expected to witness growth of 6.2 per cent in international air...
Tatas mandate New India, ICICI General and Tata Aig for Air India’s $10 billion renewal cover from Apr 1

Air India has 2,657 pending cases in Indian and international courts: Govt

by AIP Online Bureau | Mar 15, 2022 | Indian News

These cases related to issues such as employee service matters, consumer complaints, commercial matters, Minister of State for Civil Aviation V K Singh said New Delhi: Air India has 2,657 cases pending against it in Indian and international courts on matters related...
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