 "Air India building")
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.
ALSO READ: Tata subsidiary joins insurance consortium to provide cover to Air India
The airline managed to get a better deal as it valued its fleet lower by almost $2 billion. The new management held extensive negotiations – both in India and London, to get a good deal considering the rising premiums due to the ongoing Russia-Ukraine war. As per the new policy, the airline
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