Air India takes Rs 60,800 cr cover for its fleet

Air India, under its new Tata management, has taken a Rs 60,800 crore ($8 billion) cover by paying Rs 266 crore premium to a clutch of insurance companies, including Tata AIG General Insurance.......

Tata AIG, ICICI Lombard join race for RCap's assets

Tata AIG, ICICI Lombard and Nippon Life have evinced interest for the profit-making insurance arm of Reliance Capital (RCap), joining several prominent financial companies from India and abroad in......

Why insurance firms are renegotiating rates for bank directors' indemnity

Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director’s and officer’s......

Pay 92 paise for Rs 10-lakh train travel insurance

Apart from rail mishaps, the coverage would take care of terrorist attacks and accidental fall of a passenger from a train and normal accidents, riots, robbery and dacoity The Indian Railways (IR)......