India’s Maritime Insurance Initiative

Capt. John
  • India plans its own maritime insurance entity, India Club, initially focusing on domestic routes for third-party coverage.
  • The cooperative model, supported by the Ministry of Ports, aims to reduce costs for shipping lines.
  • The initiative may later expand to cover international routes, minimizing vulnerability to coverage denial.

India is planning to establish its own Protection and Indemnity (P&I) entity called India Club to offer third-party maritime insurance to Indian ships operating in...

https://mfame.guru/indias-maritime-insurance-initiative/

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