Tag: Marine Insurance
BANKING & FINANCE New India Assurance Expands Maritime Risk Cover, Eyes Retail

The New India Assurance Co. Ltd (NIA) has established the Bharat Maritime Insurance (BMI) Pool and the Bharat Marine Pool (BMP) to provide war-risk insurance cover for Indian shipping, while sharpening its focus on the retail and MSME segments as the next phase of growth. The maritime insurance mechanism will protect Indian trade from geopolitical […]

CW Team · Jul 27, 2026
ECONOMY ME War Puts Marine Insurance On Edge: Policy Bazaar R. Balasundaram

The sudden escalation of hostilities in the Middle East region has triggered serious concern across the global marine insurance industry, particularly for vessels and cargo moving through the Gulf region. In an exclusive interaction with Corpwhizz, Policybazaar Head – Marine Insurance R. Balasundaram said insurers and underwriters had already been closely monitoring the region around […]

CW Bureau · Mar 12, 2026