The approval comes as geopolitical instability increases exposure to losses involving vessels and cargo.

In less than a fortnight of its announcement, private insurers have already committed Rs 1,100 crore to the pool; plans are ...

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 ...

Why do we allow insurance pools, especially in health insurance? Obviously it is a moneymaker for the insurance company, but it appears unique to the insurance industry. My neighbors and I don't pay ...