Take a look at the essential events, concepts, terms, quotes, or phenomena every day and brush up your knowledge. Here’s your UPSC Current Affairs knowledge nugget for today on Bharat Maritime Insurance Pool. With global shipping routes disrupted due to the West Asia conflict , the Centre  on April 18 announced the creation of a domestic insurance pool, Bharat Maritime Insurance Pool (BMI pool), with a sovereign guarantee of Rs 12,980 crore to facilitate continuous insurance coverage to all maritime risks including hull, machinery, cargo, protection and indemnity (P&I) and war. In this context, let’s know about BMI pool in detail.  Gear up for UPSC Prelims 2026—Practice smarter, revise faster, and succeed with our  Special Quiz Magazine .  Click Here Key Takeaways: 1.…