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 ...
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 ...
After disruptions in the Strait of Hormuz drove up war-risk premiums and triggered insurance cancellations, the government has moved to set up the Bharat Maritime Insurance Pool (BMIP) -- a domestic ...
One of the ideas rising to the top of the Alaska Seafood Task Force’s forthcoming recommendations is an insurance pool for commercial fishermen. The state legislative task force plans to release a ...
With insurance becoming scarce amid the West Asia crisis, the Cabinet on Saturday approved a $1.4-billion (Rs 12,980 crore) sovereign guarantee to back a new industry-led pool that will cover maritime ...
The City of Highland Park is joining with the villages of Buffalo Grove, Elk Grove Village and Hoffman Estates to form a Suburban Liability Insurance Pool that is expected to save the city between 13 ...