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

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

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

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

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

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

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

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

This is aimed at insulating India’s maritime trade from global volatility ...