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Insurers in bidding war for Air India's $8.6bn aviation policy
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Three private non-life insurers have launched a consortium bid for Air India's $8.6bn aviation insurance policy, according to India's Financial Chronicle.
Air India, operated by the state-run National Aviation Company of India, has lowered the minimum solvency ratio requirement for non-life insurance companies to 1.3 times from 1.5 times, while calling
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