India's general insurers eye bigger marine pool for Russia shipments

Last year, general insurance companies led by state-run reinsurer GIC Re had set up a cargo pool for fertiliser imports with a net capacity of over ₹500 crore. That pool did not generate any losses, which has encouraged insurers to explore more capacity and better rates.

from Banking/Finance-Industry-Economic Times https://ift.tt/swXYdtk