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India adds more Russian marine insurers extending port coverage to years ahead

Business
Published on 24 April 2026
India adds more Russian marine insurers extending port coverage to years ahead

New authorisations let more firms issue protection and indemnity

India has expanded the roster of Russian insurers permitted to provide marine insurance for ships calling at Indian ports. The update increases access to protection and indemnity coverage by allowing additional Russian firms to operate. Several newly included companies have authorisations running through 2026, 2027, 2029 and 2030, extending coverage well into the future.

  • India has expanded the list of authorised Russian marine insurers
  • More Russian firms can now offer protection and indemnity coverage
  • Registrations span multiple years including 2026, 2027, 2029 and 2030
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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