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MARINE INSURANCE CLAIM
BimaKavach appoints Pradeep Siddharthan as CTPOBusiness insurtech firm BimaKavach has appointed Pradeep Siddharthan as its Chief Technology and Product Officer. Siddharthan will spearhea...- Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
- Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
- Will provide insurance to all vessels coming to or going from India: DFS Secretary NagarajuIndia has launched its own maritime insurance pool. This initiative aims to support Indian maritime trade. Vedanta Sterlite, Balrampur Suga...
- UAE says Iran has resumed attacks as the US moves to reopen the Strait of HormuzThe United Arab Emirates reported Iranian attacks. This happened after US President Donald Trump's initiative to reopen the Strait of Hormu...
- West Asia War: US says it's hunting for explosive mines in latest push to open Strait of HormuzWest Asia War: The United States Navy is actively clearing mines from the Strait of Hormuz. This crucial oil shipping route faces disruptio...
- India builds insurance shield for risky sea trade as global cover dries upIn response to the challenges posed by renewed hostilities affecting maritime trade, Indian public sector insurers have unveiled an innovat...
- India expands Russian marine insurance optionsIndia has increased the number of Russian insurers authorized to provide marine cover for ships docking at its ports. This move allows more...
- Cabinet clears Rs 12,980 crore maritime insurance pool to cut costsIndia is launching the Bharat Maritime Insurance Pool, backed by a substantial sovereign guarantee of over ₹12,980 crore. This strategic in...
- Cabinet approves ₹12,980 crore sovereign-backed maritime insurance poolThe Union Cabinet, chaired by Narendra Modi, on Saturday approved a Sovereign Maritime Fund to provide insurance cover for Indian-flagged, ...
- West Asia war: Marine war-risk insurance tightens as reinsurers adopt no-market stanceWest Asia war: Reinsurers are pulling back marine war-risk cover amid heightened geopolitical risks after failed US-Iran talks, prompting I...
- Corp insurance premiums fall up to 80% this seasonCorporate insurance premiums are falling sharply this renewal season. Property and commercial lines are witnessing steep declines. Intense ...
- Air India crash: Insurance companies grapple with claim complexities in some casesThe Air India Flight 171 crash, which killed 270 people, has complicated insurance claim settlements, particularly in cases where both the ...
- Suez Blockage: Ship unstuck but insurers concerned about millions of dollars in claimsFrom India, ICICI Lombard and Tata AIG are the leading marine insurers from the private sector whereas New India Assurance and Oriental Ins...
- Stranded Suez ship's owner, insurers face millions in claimsThe ship's owner, Japanese firm Shoei Kisen KK, and its insurers could face claims from the SCA for loss of revenue and from other ships wh...
- How to file a marine insurance claimIn the eventuality that goods are destroyed, damaged or stolen, a marine insurance claim needs to be made to the insurance company immediat...
- 'Rupee fall may push travel insurance claims by 8-10 pc'The falling rupee is likely to increase the cost of general insurers by an average 8-10 per cent in settling travel claims, according to in...
- General insurers' premium income from marine hull, aviation policies sees muted growthGeneral insurers' premium income from marine hull and aviation policies grew less then 5% in fiscal 2011-12 due to a slowdown in expansion ...
- Competing insurers help cut cost for shipping companiesIncreasing competition among insurance players has helped to reduce the outgoings of Indian ship owners and shipping companies, whose marin...
- Soaring claim costs transform marine insurance market
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