India launches maritime insurance pool for war-risk coverage
after close1 source ↓written by the desknot a recommendation
- since their peak
- 35-40%
- the pool issued
- 3,000 Cargo War
- policies
- 92 Hull War-risk
The Bharat Maritime Insurance Pool (BMIP) launched in May 2026 provides uninterrupted war-risk insurance for Indian maritime stakeholders. War-risk premiums have decreased by 35-40% since their peak during the West Asia conflict. As of 7 Sep 2026, the pool issued 3,000 Cargo War and 92 Hull War-risk policies, crucial for maintaining energy security amid rising tensions in shipping routes. ⚓️
Not investment advice. For informational purposes only.