The Bharat Maritime Insurance Pool of USD 1.5 billion, with a sovereign guarantee of USD 1.4 billion (Rs 12,980 crore), would ...

The Indian Union Cabinet has cleared the establishment of a domestic maritime insurance arrangement, the Bharat Maritime Insurance Pool (BMI pool), supported by a sovereign guarantee of Rs129.8bn ...

The pool covers all maritime risks such as hull and machinery, cargo and war risks for Indian flagged or controlled vessels or vessels destined to or starting from India.

The approval for a domestic maritime insurance pool will reduce cost of cover for Indian vessels, lower reliance on overseas insurers and help build domestic underwriting expertise in complex marine ...

With global shipping routes disrupted due to the West Asia conflict, the Centre Saturday announced the creation of a domestic insurance pool, Bharat Maritime Insurance Pool, with a sovereign guarantee ...

India has launched its significant Bharat Maritime Insurance Pool. The initiative aims to bolster domestic maritime trade by reducing dependence on foreign insurers. The pool offers a substantial ...

India has launched the Bharat Maritime Insurance Pool (BMIP), a $1.5 billion government-backed maritime insurance mechanism ...

India launched the 'Bharat Maritime Insurance Pool' (BMIP), a USD 1.5 billion domestic pool with a USD 1.4 billion sovereign ...

The Bharat Maritime Insurance Pool aims to ensure uninterrupted maritime insurance cover for Indian-linked vessels and cargo.

The Illinois Commercial Auto Assigned Risk Plan has posted underwriting losses approaching levels typically associated with market distress, raising new questions about oversight, exposure ...