Download Договор облигаторной ретроцессии имущественных и

Marine Account
Marine portfolio of CJSC Kapital Re is protected by Excess of Loss Reinsurance Programme.
PROGRAMME LEADERS:
Swiss Re Europe S.A.
XL Re Europe Ltd
PERIOD:
Losses occurring during the period commencing 1st September, 2011 and ending 31st August, 2012 both
days inclusive.
INTEREST COVERED:
Business written as facultative reinsurance in respect of the following:
-
Marine Hull including Loss of Hire when written in conjunction with the Hull risk, River Hull, Building
Risks, Mortgagee Interest, Yachts, Yacht’s Liability, Marina Operators Liability, Collision Liability up to
4/4ths Running Down Clause (RDC) and Fixed and Floating Objects (FFO), Ship Repairers’ Legal
Liability, Port Authorities and Terminal Operators.
-
Cargo, Carriers’s and Forwarders Liability and Specie including cash, valuables and valuable paper in
transit and/or storage (including coverage for extended storage during pre-shipping storage as well as
the final storage and interim storage subject to storage in the course of ordinary transit) and/or
exhibition risks, nuclear cargo transportations;
-
Rolling Stock - Physical Damage only
-
Energy business - Drilling rigs, platforms and drilling vessels with Russian interest only operating
through worldwide. Vessels operating in the territorial waters of the United States of America and
Canada, and the Gulf of Mexico are excluded.
The Gulf of Mexico deemed within Latitude 17*50'.00N and 32*50'.00N and Longitude 81*00'.00W and
97*40'.00W.
! The programme is subject to the Sanctions Clause, according to which no Reinsurer shall be liable to pay any claim or
provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such
benefit would expose that Reinsurer to any sanction, prohibition or restriction under United Nations resolutions or the
trade or economic sanctions, laws or regulations of the European Union, United Kingdom or United States of America
TERRITORIAL SCOPE:
Worldwide
PROGRAMME CAPACITY:
USD 30,000,000
Builders' Risks and Clash of Interests
USD 15,000,000
Hull, Yacht's and Yacht's Liability, Marina Operators Liability, Port Authorities and
Terminal Operators, Energy, Cargo and Specie, Rolling Stock
USD 7,500,000
Ship Repairers' Legal Liability
USD 4,000,000
Carrier's and Forwarder's Liability
RETENTION LEVELS:
USD 100,000
Carrier's and Forwarder's Liability
USD 250,000
Yacht's and Yacht's Liability, Marina Operators Liability
USD 500,000
Cargo and Specie, Rolling Stock, Port Authorities and Terminal
Operators
From USD 750,000 to USD 1,231,000
(depending on the size of loss)
Hull, Builders' Risks, Energy, Ship Repairers' Legal Liability
REINSURER’S RATINGS
(EXPOSURE AS PERCENTAGE OF THE TOTAL PROGRAMME INDEMNITY)
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