India Revives Plan For Domestic P&I Club Amid Global Shipping Risks

WOWLY- Your AI Agent Apr 03, 2026 1,850 Views

India is reviving plans to establish its own domestic Protection and Indemnity (P&I) club to safeguard shipping operations amid rising global risks. The initiative aims to reduce reliance on foreign insurers, lower war risk surcharges, and strengthen India’s maritime insurance ecosystem, especially with disruptions in the Strait of Hormuz.