21
Apr
The Indian government’s approval of a Bharat Maritime Insurance Pool for Indian ships has been hailed as a significant policy move aimed at strengthening the country’s shipping and risk management ecosystem. Reacting to the development, Rishi Mehra, CEO (India) and Head of Strategy, Human Capital, Asia Pacific at Aon, described the decision as a “landmark step” toward enhancing maritime resilience and economic sovereignty. He noted that the initiative would help provide cost stability and build domestic expertise by enabling locally underwritten risk capacity. According to Mehra, this would protect India’s shipping industry from global uncertainties while reinforcing confidence in key…
