Is General Average a one-way street?
General Average contributions need not always be made without studying the details, seeking clarifications and challenging the same where necessary.
Marine cargo insurance
Marine cargo insurance
Marine cargo insurance
Back to where it all began..
Sailing ships staging a comeback to help shipping industry reduce carbon emissions
Marine cargo insurance
Poseidon Principles for Marine insurance
Poseidon Principles for marine insurance certainly focusses on climate risk and the need to address it. Are the principles right for the world at large?
Marine cargo insurance
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
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?
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?