India's new maritime insurance pool has received its first claim. A vessel covered by the arrangement was damaged in a drone ...

Five local insurers built marine war-risk pool to address uncertainties over unstable conditions in the Middle East The ...

The rapid uptake reflects strong demand from Indian shipowners and maritime companies seeking reliable and competitively ...

India's Bharat Maritime Insurance Pool is assessing its inaugural claim after a drone attack damaged a covered vessel, testing the sovereign-backed war-risk mechanism.

BMIP, launched by government, will function complimentary to international insurers as its global recognition requires time ...

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 ...

Launched with a $1.4-billion sovereign guarantee, India’s insurance pool aims to shield shipping from global volatility. But shipowners question why the cover should be compulsory.

With healthcare reform legislation now passed, this will be the beginning, not the conclusion, of the difficult and highly partisan legislative process of the past year. The next step will be ...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlook to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a” (Excellent) of ...