Understanding the Russian oil ‘Price Cap’
What is this ‘Price-Cap’ on Russian oil purchases?
What is this ‘Price-Cap’ on Russian oil purchases?
I was in the middle of a Training session, explaining the Duration clause under the Institute Cargo clauses of 2009. Made a statement that the Duration clause reads as under : ” This insurance attaches from the time the subject-matter insured is first moved in the warehouse or at the place of storage (at the
A claim which could have been admissible was withdrawn
Just one among many flaws in policy construction
First of its kind — Shofu Maru, vessel with a Wind Challenger rigid telescopic sail. Reducing GHG, no doubt, but the cargo it carries ? COAL
Is the Indian industry in sync with Indian government’s policy on Russia?
It is not enough if drop-shipments are insured under cargo policies. There is need for transparency among stakeholders on the valuation at which claims would be settled
Further to my earlier post Ukraine war & marine cargo insurance, the past week has seen no slow-down in hostilities. The insurance industry in India led by GIC Re has swung into action and issued notice of cancellation of War, strikes, riots and civil commotion cover to, from and within Ukraine, Ukraine territorial waters, Russian Black
The Russia-Ukraine war has thrown up some interesting questions on cargo insurance coverage
Can condensation lead to insect infestation inside a container?