Indian insurers are reviewing marine cargo exposures in the Persian Gulf, Strait of Hormuz, and Red Sea due to escalating geopolitical tens...

Global reinsurers are reviewing war risk insurance for ships and planes due to rising tensions in West Asia. Strait of Hormuz is now seen a...

European Commission proposed a new set of sanctions against Russia. This is the 19th package after Russia's invasion of Ukraine. The sancti...

The European Commission has approved a 5 billion euro French scheme to facilitate wine and spirits exports to the U.S. until July 2025, aim...

India's export insurance sector may gain from increased shipment values despite facing challenges from a proposed 27% US tariff on Indian i...

With ships passing through the region becoming the target of increasing attacks and the resultant declaration by the JWC of Lloyds and othe...

While this will have an impact for marine cargo insurance policies, which is important for businesses involved in shipping and transporting...

Last year, general insurance companies led by state-run reinsurer GIC Re had set up a cargo pool for fertiliser imports with a net capacity...

“With a view to avoid any potential negative consequences for food and energy security around the world, the EU decided to extend the exemp...

At Indian Oil Corporation pumps in Delhi, petrol was priced at Rs 76.25 per litre and diesel Rs 67.75 per litre.

The corridor has been tested for dry runs, but to test its viability and boost two-way trade, the government is likely to first ask PSUs.

Export Credit Guarantee Corporation Ltd, is having plans to introduce new products targeted at MSMEs, informed N. Shankar.

Hopes rise after France's foreign minister hints EU may lift some sanctions on Iran in December.

India is also hopeful that such a firm can help the country as it has abysmally low general insurance penetration.

The measures is part of the plan outlined recently by oil minister Veerappa Moily to the Prime Minister to cut India's oil import bill by $...

Fin Min has initiated the process of setting up of a Rs 2K-cr fund to provide insurance cover to domestic refineries that process Iranian o...

A bottleneck in the smooth supply of Iranian crude oil to India is expected to be removed soon with the state-run insurance cos agreeing to...