With the entry of several low cost airlines along with fleet expansions by existing ones and increasing corporate aircraft ownership, the Indian aviation insurance market is all set to take off in a big way.
Estimated to be in the region of Rs.3.5 billion, aviation insurance premium business is growing at a fast clip. At present the government-owned four non-life insurers are the major players in this segment as they cover public sector airlines like Air India and Indian. read more....
Monday, February 5, 2007
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