AIR+04 Mar 2021

India to set up a P&I insurance club

| 04 Mar 2021

The Insurance Regulatory and Development Authority of India (IRDAI) and Indian National Shipowners Association are in talks to develop a protection and indemnity insurance club (P&I club) in India according to a report in the financial daily Business Line. A P&I club is a mutual insurance association that enables risk pooling among members and provides information and representation for its members.

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