Storage extension for liquid cargo
Intentional storage cover for liquid bulk cargo under marine cargo insurance — CL 435 & 435 provide the answer
Marine cargo insurance
Marine cargo insurance
Alternative Basis of Valuation Clause
In case of certain types of cargo, it is worthwhile having an alternate BOV in the policy as it proves a ‘win-win’ for both assured and insurer
Marine cargo insurance
Scuttling, Sunk cargo & SCOPIC
Scuttling of Stellar Banner throws up some interesting questions on insurance
Marine cargo insurance
Rain, rain, go away!
The ‘tarpaulin warranty’ used by some cargo insurers need to be looked at closely to avoid problems in the future
Marine cargo insurance
Glomar Explorer
This surely is a thriller! At the height of the cold war in 1968, a Soviet submarine K-129 carrying nuclear missiles, nuclear-tipped torpedoes and cryptographic equipment sank in the Pacific somewhere off Hawaii. The desperate attempts by the Soviets to trace the sunken submarine proved futile. Surprisingly, the Americans located where the sunken submarine was
Marine cargo insurance
New Normal… in underwriting
What could be the New Normal in cargo underwriting?
Marine cargo insurance
Human cargo
Illegal immigrants/unauthorized persons in trucks along with cargo pose an added risk
Marine cargo insurance
If it is proved ………… then what?
If Covid-19 is proven to be bio-chemical or chemical virus, will it impact cargo claims?
Marine cargo insurance
Ordinary or extraordinary?
Basic issues under a marine cargo policy set at rest by the Supreme Court
Marine cargo insurance
Oil oil everywhere….
Crude carriers being used as Floating storage brings new challenges to cargo underwriters