ONGC renews insurance 35% cheaper from United India for $20 mn
Energy major ONGC has driven a hard bargain to renew its insurance and re-insurance covers, at USD 20 million -- a discount of 35 percent -- for its offshore assets valued at USD 34 billion from state-run United India Insurance and two global re-insurers.
Mar 30, 2015, 21:42 PM IST