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India: Demand for aviation insurance policies rise

February 20, 2014 - 6:00am


India's insurance industry said there is an increase in demand for ground handling and aviation product liability covers, Business Standard reported.

Manik Nehra, senior manager of aviation insurance at Bajaj Allianz General Insurance Co. Ltd. said "with new routes and new cities being added by aviation companies, the demand for aviation insurance will only go up." M. Ravichandran, president of insurance at Tata AIG General Insurance Co. Ltd. said "we are now looking at aviation products, general aviation and aerospace insurance covers."

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