The Illinois Commercial Auto Assigned Risk Plan has posted underwriting losses approaching levels typically associated with market distress, raising new questions about oversight, exposure ...

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 ...

Mumbai: With the cessation of hostilities between the US and Iran hopes have risen of normalization of trade, but Indian ...

New Delhi [India], May 13 (ANI): The Department of Financial Services, Ministry of Finance, held an event chaired by the Secretary, DFS, M Nagaraju to launch the domestic insurance pool, namely ...

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 ...

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 ...

New Delhi [India], April 19 (ANI): The Union Cabinet approved the proposal for the creation of a domestic insurance pool, namely 'Bharat Maritime Insurance Pool' (BMI pool) with a sovereign guarantee ...

MUMBAI: Public sector insurers led by GIC Re and New India Assurance have anchored the Bharat Maritime Insurance Pool with commitments exceeding the targeted $100 million, while a $1.5 billion ...