Govt launches India’s first sovereign-backed maritime P&I insurance
New Delhi, July 30 (IANS) The Department of Financial Services (DFS) on Thursday launched India’s first sovereign-backed Protection and Indemnity (P&I) insurance product under the Bharat Maritime Insurance Pool (BMIP), a move aimed at strengthening the country’s maritime risk management framework, reducing dependence on foreign insurers and boosting self-reliance in specialised marine insurance. As part […]
