Tag: sovereign guarantee
Posted in Business
Centre rolls out $1.5 billion maritime insurance pool
The government on Tuesday launched a $1.5 billion Bharat Maritime Insurance Pool (BMIP) with a sovereign guarantee of $1.4 billion to facilitate continuous maritime insurance…
Posted in Economy
Cabinet clears Rs 12,980 crore maritime insurance pool to cut costs
New Delhi: The Union cabinet on Saturday approved setting up a Bharat Maritime Insurance Pool (BMIP) with a sovereign guarantee of ₹12,980 crore to ensure…