India reportedly considering $1.5bn reinsurance fund for vessels travelling through conflict zones

Share!

Reinsurance News - Apr 07, 2026

The Indian government is reportedly considering a $1.5 billion fund to provide reinsurance cover to Indian vessels travelling through conflict zones, such as the Strait of Hormuz, which remains effectively closed to most international shipping due to the ongoing Iran conflict. Reports indicate that...

Read Full Article

Recommended Articles

Critical cloud outage risk remains significant despite decline in occurrence: Parametrix

Posted: Apr 07, 2026

Parametrix, a provider of digital business interruption solutions, has disclosed in a new whitepaper...

ICG hires Luke Schlafly as Global Head of Insurance Client Solutions

Posted: Apr 07, 2026

ICG, an alternative asset manager specialist, has appointed Luke Schlafly as Global Head of Insuranc...

Old Republic establishes new specialised property insurer, led by Everest’s Hagerty

Posted: Apr 07, 2026

Old Republic International Corporation, a specialty insurer operating in property & casualty and...