Maritime pool helps cut war risk rates up to 40% - Business Insurance

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Maritime pool helps cut war risk rates up to 40% - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Maritime pool helps cut war risk rates up to 40% Sep 29, 2026 Bharat Maritime Insurance Pool has helped cut war risk insurance premium rates for Indian shipping companies by about 35% to 40% since launching in May, FM Bharat reported. As of Sept. 7, the pool had issued more than 3,000 war risk policies amid the Red Sea conflict and tensions in and near the Strait of Hormuz. Read more Related News Hub unit fails to overturn $6.6 million microcaptive tax penalty September 29, 2026 MSIG names former Liberty Mutual exec to head E&S property September 29, 2026 Senate passes TRIA extension legislation September 29, 2026 Insurers owe no coverage in $11 million quarry shutdown September 29, 2026 Newsom signs cold-storage legislation September 29, 2026 Chubb must pay $30 million in coal silo collapse coverage fight September 29, 2026 Mental health claim frequency rises 47% in comp: WCRI September 29, 2026 Lexington sets up financial institutions practice through LexPro September 29, 2026 SiriusPoint, Sutton partner on NIL coverage September 29, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.

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