India, July 30 -- The Government of India has issued a release:
The Department of Financial Services, Ministry of Finance held an event chaired by Secretary, DFS today in New Delhi to launch India's first sovereign-backed Protection & Indemnity insurance product under Bharat Maritime Insurance Pool (BMIP), designed by the New India Assurance Company Limited.
The event was attended by Director General of Shipping Shri Shyam Jagannathan, senior officers from Department of Financial Services including Additional Secretary Shri Debasish Prusty, and CMD, General Insurance Corporation of India Shri Hitesh Joshi, CMD, New India Assurance Company Limited, Smt. Girija Subramanian, CMD Shipping Corporation of India Limited Capt. Binesh Kumar Tyagi,...