Co-Mingling Clause, etc
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...
View ArticleDeterioration of Undamaged Stocks, etc
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...
View ArticleBusiness Interruption Clauses
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...
View ArticleBeredar RPOJK tentang Retensi Sendiri dan Dukungan Reasuransi dalam Negeri
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...
View ArticleBeredar SE Tarif OJK 2015 : NCD Tidak berlaku lagi
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...
View ArticleKlausul-klausul berbahaya : Non-Invalidation Clause, Breach of Warranty and...
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...
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Marine Cargo Insurance Claim : Particular Average v General Average
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...
View ArticleContoh Klaim : Particular Average v General Average
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...
View ArticleHarga Pertanggungan dalam asuransi pengangkutan barang (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...
View ArticleWhat is a “cut-through clause”?
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...
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