Shocking trend in GA claims-handling
Some Indian insurers now insist on assured paying a cash deposit or giving a bank guarantee before they issue an Average guarantee in a GA situation. Truly shocking!
Marine cargo insurance
Marine cargo insurance
War & SRCC risks coverage — Confusion
Is GIC Re and the Indian insurance market missing the wood for the trees as far as War risks are concerned?
A common man's musings
Hawaii chappals
How many of this generation are familiar with the term Hawaii chappals? They were an integral part of our ‘growing-up’ years. Footwear for all occasions barring school where we had to wear shoes to go with the uniform. Here again, in Government schools, Hawaii chappals ruled supreme. Ha, this one ….. bathroom slippers, we know
A common man's musings
Rock on…..
Eyes closes, seated comfortably on a rocking chair with gentle swaying…… Is pure bliss
Marine cargo insurance
Ignorance? Intentional?
Could not make out if it was sheer ignorance of business practices or an intentional ploy to reduce claim outgo.
Marine cargo insurance
Claims under Sellers’ Interest clause
Seller’s interest clause is easy to buy but in a claim situation not very easy to substantiate.
Marine cargo insurance
Fraud in commodity trading
As the world was going in and out of Covid-induced lockdowns in different parts of the world last year, a huge commodity fraud is alleged to have taken place in Turkey. Well, the fraud is real but the perpetrators & accomplices are yet to be identified and therein lies the mystery. So what was the
Marine cargo insurance
50:50 clause
Does the presence of the 50:50 clause in policies pave the way for smooth amicable settlements between cargo & project insurers?
Marine cargo insurance
Unloading, Discharge & Delivery
When does insurance cover & liability of the carrier end under a ‘Port to Port’ cover?
A common man's musings
Lessons from the football field
The unfortunate incident involving Christian Eriksen on the football field brought home many important learnings