The platform, launched in Hyderabad with IRDAI Chairman Ajay Seth officiating, marks the first step in India’s “Insurance for All by 2047” strategy and is expected to enable transactions by December 2...
John Lee outlined plans to mobilise insurer capital for infrastructure, establish a marine risk pool, and boost insurance innovation in emerging sectors.
The rating agency said capital recovery driven by underwriting and investment gains kept Taiwanese insurer's position stable despite market volatility.
The system will require vessels to hold P&I cover from IG P&I Clubs, domestic insurers, or international carriers with a credit rating of at least BBB.
Marine insurers at IUMI 2025 discussed how data, AI and new risk models are reshaping cargo and compliance coverage in a fragmented global trade landscape.
Insurers stand to use enhanced data visibility and AI to better assess tariff, compliance and trade disruption risks, transforming how political-driven risk is managed.
