- Friday, February 27, 2015, 9:50
- Principles & Practice of Ins
The cut-through clause is a provision in a reinsurance agreement which clarifies that, should the primary insurer becomes insolvent, the reinsurer is still liable for its stated share of the loss but that payment will be made directly to the insured and not to the insurer as is normally done.
Many types of “cut-through-clause” wordings, please use as ...
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- Sunday, February 22, 2015, 15:08
- Marine Cargo, Marine Cargo Insurance
Harga Pertanggungan (Insured Value) dalam asuransi pengangkutan barang (marine cargo insurance) tidak hanya terbatas pada harga barang (invoice value) namun juga dapat meliputi:
(a) harga barang (invoice value)
(b) biaya-biaya (incidental charges) seperti biaya pengepakan (packing), transportasi darat, transportasi laut (freight),
(c) Margin 10% s/d 20% untuk
(i) biaya administrasi,
(ii) penambahan biaya, misalnya ...
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- Sunday, February 22, 2015, 15:00
- Marine Cargo, Marine Cargo Insurance
Misalnya: Kapal A kandas akibat diterjang badai dan gelombang tinggi, kapal mengalami kerusakan pada lambung dan pada bagian dasar kapal (hull damage), sebagian kargo di dalam palka terendam air (cargo damage), untuk menyelamatkan kapal berikut kargonya sebagian dari kargo kontainer dibuang ke laut (jettison) sehingga kapal bisa mengapung kembali.
kerusakan pada lambung dan pada bagian dasar kapal (hull ...
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- Sunday, February 22, 2015, 10:26
- Marine Cargo
Please click
here to read or download in .pdf format
Marine Cargo Insurance Claim is outlines as per chart below:
With reference to Marine Insurance Act 1906, and The Institute Cargo Clauses
56Partial and total loss....
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Pencantuman klausul Non-Invalidation Clause, Breach of Warranty Clause telah membawa implikasi serius atas klaim pada suatu polis
Warranty: - apa yang dimaksud dengan Warranty?
MIA 1906:
Nature of warranty
(1)A warranty, in the following sections relating to warranties, means a promissory warranty, that is to say, a ...
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- Monday, February 16, 2015, 9:42
- Insurance News
Telah beredar SE Tarif OJK 2015 yang akan segera menggantikan SE Tarif OJK 2013, Tidak ada perubahan dalam hal tariff premi dan deductible kecuali pada Asuransi Gempa Bumi.
Perbandingan SE Tarif OJK 2013 v Draft SE Tarif 2015 selengkapnya baca di
sini
-NCD (No Claim Discount) tidak berlaku lagi,...
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- Monday, February 16, 2015, 9:29
- Insurance News
Sebagai tindak lanjut atas
Surat Edaran OJK No. S-77/D.05/2014 tentang Optimalisasi Kapasitas Dalam Negeri (baca di sini) telah beredar RPOJK tentang Retensi Sendiri dan Dukungan Reasuransi dalam Negeri yang akan segera menjadi POJK dan berlaku segera.
Selain mensyaratkan dukungan Treaty minimal 25% RPOJK juga mensyaratkan dukungan Fakultatif dalam negeri, misalnya untuk asuransi Property, Engineering dan ...
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- Monday, February 16, 2015, 8:43
- Property All Risks (PAR)
List of Clauses
Accountants Clause
Accumulation of Stocks Clause
ADDITIONAL INCREASE IN COST OF WORKING CLAUSE
Alternative Trading Clause
Auditor Charges Fee
Book of Accountant Clause
CLOSURE BY PUBLIC AUTHORITIES CLAUSE
CUSTOMERS EXTENSION
DENIAL OF ACCESS
Departmental Clause
Failure of Public Utilities (Version 1)
Failure of Public ...
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- Monday, February 16, 2015, 8:30
- D-Clauses, Property All Risks (PAR)
Deterioration of Undamaged Stocks
The Policy extends to include loss sustained by the Insured as the result of deterioration of undamaged stock which cannot be processed promptly due to interruption of or interference with the Business in consequence of damage to Property Insured.
Defunct Spare Parts Clause
It is hereby noted and ...
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- Sunday, February 15, 2015, 21:16
- Marine Cargo Insurance
Co-Mingling Clause
When shipments of oil or other bulk products insured hereunder are stowed in such a manner as to be co-mingled with other bulk shipments belonging to and/or insured by others or owned by the Assured and intended for different consignees, it is agreed that in the event of loss or damage recoverable under this Policy, such ...
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