The Indian Union Cabinet has cleared the establishment of a domestic maritime insurance arrangement, the Bharat Maritime ...

India's shipping sector has long depended on global insurance markets to keep goods moving across oceans. But recent ...

MUMBAI: Public sector insurers led by GIC Re and New India Assurance have anchored the Bharat Maritime Insurance Pool with ...

Indian government approves sovereign backed maritime insurance pool to cut reliance on overseas cover, stabilise war risk ...

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

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 ...

Bharat Maritime Insurance Pool (BMI Pool) gets ₹12,980 crore sovereign backing to ensure affordable maritime insurance, even ...

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

With global shipping routes disrupted due to the West Asia conflict, the Centre Saturday announced the creation of a domestic ...

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