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

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 ...

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

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, ...

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

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

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

The Union Cabinet has approved the Bharat Maritime Insurance Pool with a sovereign guarantee of Rs 12,980 crore to ensure ...