The move comes against a backdrop of rising global volatility and geopolitical instability that have increased risks for ...

The decision will help lower costs for Indian vessels as global underwriters have hiked risk-mitigation charges to historic ...

MUMBAI, April 18 (Reuters) - India has approved a 129.8-billion-rupee ($1.4 billion) guarantee for a maritime insurance pool, ...

Government establishes ₹12,980 crore Bharat Maritime Insurance Pool to reduce shipping insurance costs amid conflicts.

India has approved a ₹129.8 billion guarantee-backed Bharat Maritime Insurance Pool to protect ships and cargo from war, ...

The government said the initiative will reduce India’s dependence on foreign insurers and strengthen the country’s strategic ...

The Union Cabinet on Saturday approved the creation of Bharat Maritime Insurance Pool’ (BMI Pool) with a sovereign guarantee ...

To counter soaring premiums amid the West Asia crisis, the Indian Cabinet has approved a $1.4 billion sovereign guarantee for ...

India maritime insurance pool launches with sovereign backed 1.4 billion fund, offering affordable cover for ships in ...

The Domestic Insurance Pool addresses global volatility, geopolitical instability and reduces external Insurance dependency ...