marine insurance pdf

4 THE MARINE INSURANCE ACT, 1963 ACT NO. 0000010240 00000 n Download and Read online The Law And Practice Of Marine Insurance ebooks in PDF, epub, Tuebl Mobi, Kindle Book. Download PDF. x�]P�JA��W�sa��lvf�k�V� ��+U��d��HB��:R9(�� >��R �H�H�}��y��V:��|��{��y"�Px��tJ��S�R�"�c�b��դY��)��&��}k��\�\^ꣻ��o�dWG1l��fݼԏ�p�{C~�d{��p}�bZK��x�8��$��B~ �N� Global Services. Marine Insurance refers to where the insurer compensates the insured when the latter suffers from financial loss from marine perils against the premium paid by the insured to the insurer. Sports and Leisure. The following points highlight the importance or significance of marine insurance. Marine insurance markets: The 2005 hurricane season was the worst on record, with 14 hurricanes causing billions of dollars in insured losses and around three million claims. 0000006482 00000 n Marine Insurance Contents www.swedishclub.com. Comparison with the Civil Code of Québec. Marine Insurance. Marine insurance facilitates global trade . 222 Marine Insurance is a type of insurance policy that provides coverage against any damage/loss caused to cargo vessels, ships, terminals, etc. Types of Marine Perils. Public Sector – Municipalities. 0000008594 00000 n Marine Insurance Act 1963 is designed to cover hull, cargo and freight. PDF Full Document: Marine Insurance Act [459 KB] Act current to 2021-02-15. See a comprehensive report on marine … Fast Download speed and ads Free! Denmark is still on 1930 Act with revision 2006. Tonge explained that P&I insurance covers primarily liability: crew claims, passenger claims, pollution, cargo damage and some collision. APRIL Canada is an insurance MGA specialized in high risk and non standard solutions for business and personal insurance brokers - Montreal.Toronto.Calgary Inland Marine Insurance. 0000098683 00000 n Act defines a contract of Marine insurance as ‘an agreement whereby the insurer undertakes to indemnify the assured in the manner and to the extent thereby agreed to against losses incidental to marine adventure’. A short summary of this paper. Marine insurance defined.—A contract of marine insurance is an agreement whereby the insurer undertakes to indemnify the assured, in the manner and to the extent thereby agreed, against marine losses, that is to say, the losses incidental to marine adventure. 0000012618 00000 n Here are the principles which apply to a marine insurance policy-Principle of Utmost Good Faith= The marine insurance policy relies on the principle of utmost good faith, which clearly states that at the time of filling the marine insurance policy document, the applicant should disclose the correct information.Also, the applicant would not withhold any material information. the marine insurance community, marine average adjusters, ship operators andsuppliers others. 0000044990 00000 n 0000056317 00000 n 0000009862 00000 n Development of insurance … �޷��';�Țw�+&�(ٔϫ,�V.�c�U��A��%s��ܩ�sc�h��]5K"��sz^'m�q=�5��R��.�X�6�e(:�;��)o?�m�kf��h�� ɸn��,ʶiT�g�3l�Q�� ,�sf�U�OcH��ɻVW�l�"��0�6A��ԃK�-x�b��9F|�e��l Ω�r��4��ؼ��T��V��Z�R @�3nT.�t�|�=��.v�J��4�n�� It might get damaged, lost or misplaced. Marine Cargo Insurance: Cargo insurance caters specifically to the marine cargo carried by ship and also pertains to the belongings of a ship’s voyages. PDF | On May 10, 2016, Onur Yorulmaz published Marine Insurance and Piracy | Find, read and cite all the research you need on ResearchGate Marine insurance coverage includes loss or damage caused to the shipment/cargo/ ship while is grounded, and also from untoward perils like- sinking, collision, burning, … 1. Jeffy Tanzania. Nowadays, Marine insurance is often grouped with Aviation and Transit (cargo) risks, and in this form is known by the acronym 'MAT'. PDF Full Document: Marine Insurance Act [459 KB] Act current to 2021-02-15. 0000071162 00000 n 0000005764 00000 n �6�D��i�m剛��q��;��ɤ��F7C$Q��Q�2� 2 Mixed sea and land risks. As global trade increases in complexity, our mission of offering expert assistance to our members and clients in managing current and future risks remains at the forefront of everything we … This insurance covers all risks of loss of or damage to the subject-matter insured except as excluded by the provisions of Clauses 4, 5, 6 and 7 below. Marine Insurance Act 1906.pdf. II. Nowadays, Marine insurance is often grouped with Aviation and Transit (cargo) risks, and in this form is known by the acronym 'MAT'. 0000007159 00000 n Marine Insurance Contents www.swedishclub.com. Private Client Services. Mergers and Acquisitions. It is common for marine insurance agencies to compete with the offerings provided by local insurers. Marine Insurance Act. 0000012237 00000 n Marine Insurance, is a contract whereby for a consideration stipulated to be paid by one interested in a ship or cargo that is subject to the risks of a marine adventure another undertakes to indemnify him against some or all of those specified risks during the voyage. 0000008355 00000 n Personal Lines. As global trade increases in complexity, our mission of offering expert assistance to our members and clients in managing current and future risks remains at the forefront of everything we … @R��k��>n��턙��4e�j��*��.Ì��.�E�O��QLäH�h�M�G*c.�0�NU2{��6�~M��͵15r�4l��{�֫,�]J5��ŝ�M8:�_�?�&+��գ��T��s��݉�!�L'��s��6��+��u��\��׃�v��W��=6��gGC��=u�7 �Se��W�E\� It has developed with the expansion of trade. 11 OF 1963 [18th April, 1963.] 0000005068 00000 n 0000003127 00000 n Marine insurance has two branches: 1. 0000007733 00000 n (d) In Personal Accident Insurance: Age, height, weight, occupation, previous medical history if it is likely to increase the choice of an accident, Bad habits such as drinking etc. 0000005047 00000 n 0000118089 00000 n A market leader in providing comprehensive insurance solutions The Swedish Club is a pioneer in providing comprehensive all-in-one insurance solutions. Shaded provisions are not in force. 0000014101 00000 n Possible future developments: (1) the return to co-insurance practices, (2) the achievement of market internationalization, (3) the search for alternative risk financing tools. 0000011047 00000 n General Average 2. <> Act defines a contract of Marine insurance as ‘an agreement whereby the insurer undertakes to indemnify the assured in the manner and to the extent thereby agreed to against losses incidental to marine adventure’. MARINE CARGO INSURANCE CLAUSES (for Individual Policy) Institute Cargo Clauses as agreed between the Applicant and this Company shall be applied 1/1/09 INSTITUTE CARGO CLAUSES (A) RISKS COVERED Risks 1. Mining. Marine and International Logistics. industry and its customers from most of the world's leading marine insurance markets and from many developing country markets. Now, you know the interest rate of insurance. 0000003177 00000 n FEDERAL COURT OF APPEAL A. Comfact Corporation v Hull 717 (Ship), 2013 FCA 93: Appeal dismissed. Related: 7 Types of Insurance. • Partly mandatory. Marine insurance has now developed into about half a dozen distinct lines, some reflecting the original and timeless need to transfer risk for vessel and cargo, and some reflecting very modern perils. 2 0 obj %PDF-1.4 0000001850 00000 n Hence, to protect the cargo owner from the financial losses arising out of such cases, marine cargo insurance is issued against appropriate premium payment. 0000002732 00000 n Marginal note: Marine policy assignable. Previous Page Table of Contents Next Page. If there is no such interest, the policy would be a wagering contract and thus it will be void. 0000027978 00000 n The importance of marine insurance has increased more than ever before in this age of globalization It facilitates global trade, ensures economic property, improves quality of life etc. 51 (1) A marine policy is assignable either before or after a loss, unless it expressly prohibits assignment. 0000010262 00000 n a peril of the sea. Box 6000 Fredericton, New Brunswick E3B 5H1 Canada March 2008 Cover: Communications New Brunswick Printing and Binding: Printing Services, Supply and Services ISBN 1-55137-434-X ISSN 1181-7755 Printed in New Brunswick Rapport annuel 2006-2007 Publié par: Surintendant des assurances Province du Nouveau-Brunswick Case postale … 0000011439 00000 n 0000004220 00000 n Sign In. MARINE INSURANCE NOTES. 0000003398 00000 n This pdf will be helpful for the Insurance Promotional Exam and III Exam. It is common for marine insurance agencies to compete with the offerings provided by local insurers. The document embodying the contract of insurance is called a policy. 3. It might get damaged, lost or misplaced. Assignment of Marine Policy. 0000009272 00000 n Marine Cargo Insurance: Cargo owners are exposed to the risk of mishandling of the cargo at the terminal and during the voyage of the ship. The special additional provision that Marine Insurance holds is that it has to fulfill section 64VB of the insurance Act 1938 (MS-INS, 2015). Download. 0000001541 00000 n Ocean Marine Insurance. Poem by John Masefield "Sea Fever" "Sea Fever" - pdf format This is a glossary of shipping terms and marine terminology as it pertains to Marine Insurance. • Whether the need for a formal insurance policy in marine insurance (under the 1906 Act) should be abolished. It protects the cargo owner against damage or loss of cargo due to ship accident or due to delay in the voyage or unloading. Marine insurance is basically a protection of ship, cargo or property due to loss or damage while it is in transit from one place to other. Marine Insurance Market Lloyd's a corporate established in London is the biggest centre for Marine insurance in the world. Unless a marine insurance contract provides otherwise, the MIA imposes several exclusions. Here are the principles which apply to a marine insurance policy-Principle of Utmost Good Faith= The marine insurance policy relies on the principle of utmost good faith, which clearly states that at the time of filling the marine insurance policy document, the applicant should disclose the correct information.Also, the applicant would not withhold any material information. A marine insurance agreement is a contract in which the insurer covers the assured, in the event of losses incurred during transit. 32.1. vessel types, trading partners, terms of sale, and the laws/regulations governing shippers and carriers. 0000056396 00000 n 6 Legal framework in the Nordic Countries • Maritime Code until 1930ies • Insurance Contract Act from around 1930ies – Some rudimentary rules on marine insurance – Current Nordic Acts from 1989 (Norway), 1994 (Finland) and 2005 (Sweden). Join us on Telegram Official Group for Para 13.2: Click here Mail us at : ambitiousbaba1@gmail.com Follow our Blog for Regular Updates:- Ambitious Baba 0000111949 00000 n An Act to codify the law relating to marine insurance. Overview: This program is designed to provide participants with an essential understanding of the fundamentals of ocean transportation e.g. Lloyd's was a coffee house frequented by the Tradesmen, Ship owners & others. 0000007956 00000 n Marine insurance is a contract whereby the insurer undertakes to indemnify the assured, in manner and to the extent thereby by agreed, against marine losses, i.e. The 2020 oracle. Cyber Risk. Jeffy Tanzania. The information has been gathered from many sources believed to be reliable, but the Association assumes no … Marine Insurance Act 1906.pdf. 0000002378 00000 n For effecting marine insurance like any other insurance, the assured must have an insurable interest. Consultees said no • Whether the broker should remain liable for premium under section 53 of the 1906 Act – if a broker goes out of business, the insurer is left out of funds and cannot recover from the insured but must still pay the claim if there is a loss. Section 24 of the Marine Insurance Act 1963 States “A contract of marine insurance shall not be admitted in evidence unless it is embodied in a Marine Policy in accordance with this Act. What are Marine Perils? • Partly mandatory. endstream stream in which the goods are transported from one point of origin to another. Ocean marine insurance covers the perils of the sea whereas inland marine insurance is related to the inland risks on the land. endobj 0000011255 00000 n Marine Insurance is a type of insurance policy that provides coverage against any damage/loss caused to cargo vessels, ships, terminals, etc. 0000004199 00000 n Employment Practices Liability. READ PAPER . Sign up. endobj 11 Full PDFs related to this paper. 0000005743 00000 n 0000008648 00000 n Free sign up, no payment required. Possible future developments: (1) the return to co-insurance practices, (2) the achievement of market internationalization, (3) the search for alternative risk financing tools. Marine Insurance Practice of General Insurance 18 2.0 INTRODUCTION This is the oldest branch of Insurance and is closely linked to the practice of Bottomry which has been referred to in the ancient records of Babylonians and the code of Hammurabi way back in B.C.2250. 4 0 obj in which the goods are transported from one point of origin to another. 0000012640 00000 n Google has many special features to help you find exactly what you're looking for. Get Free The Law And Practice Of Marine Insurance Textbook and unlimited access to our library by created an account. At the same time, it is highly specialized, repre-senting a variety of risks and accordingly specialized types of insurance covers to match them. (e) Burglary Insurance: Nature of stock, value of stock, type The Marine Insurance Act places a statutory duty on the assured to disclose to the insurer all material circumstances known to him or which he should know in the ordinary course of his business. Global marine insurance report Astrid Seltmann, IUMI F&F vice chairman, Analyst/Actuary @ Cefor, the Nordic Association of Marine Insurers. Marine perils are defined as. Peracomo Inc lost the benefit of its insurance policy because of "wilful misconduct" as - 2 - set out at s. 53(2) of the Marine Insurance Act, S.C. 1993, c. 22. BE it enacted by Parliament in the Fourteenth Year of the Republic of India as follows:— 1. Marine Cargo Insurance: Cargo owners are exposed to the risk of mishandling of the cargo at the terminal and during the voyage of the ship. �� JFIF �� C •Global marine insurance market •P&I •Offshore energy •Cargo •Hull •What now? Any person does have an insurable interest who is interested in a marine journey or who can get affected due to the losses and damages caused in the marine journey or adventure. In marine insurance business, losses arise due to various marine perils. In these meetings the Working Group produced a core of model marine insurance clauses suitable as a basis for insurance markets - particularly in developing countries - to draw up their own marine insurance policies. 0000098910 00000 n Basic Principles of Marine Insurance: The basic principles which govern the insurance are – (1) Utmost good faith (2) Insurable interest (3) Indemnity (4) Subrogation (5) Proximate cause (6) Contribution (7) Abandonment. Our constituent members are associations with particular but varying interests in maritime matters. 75 0 obj << /Linearized 1 /O 77 /H [ 1541 331 ] /L 258714 /E 143189 /N 23 /T 257096 >> endobj xref 75 55 0000000016 00000 n 0000003735 00000 n Then, I’ll show you a specific calculation method. MARINE INSURANCE Insurance is a means of protection against loss, whereby the cost of the loss, which would otherwise fall upon the owners, is taken over by the insurer. Some perils are insured while some perils are not insured. Search the world's information, including webpages, images, videos and more. How to calculate Marine insurance. The Maritime insurance coverage provided by marine insurance can be understood by going through the risks handled by the insurance policies loaded with various marine insurance clauses: Institute Cargo Clause C provides basic coverage and includes a restricted list of risk covers. Marine insurance may be called a contract whereby the insurer undertakes to indemnify the insured in a manner and to the extent thereby agreed upon against marine losses. – Marine insurance is not specifically regulated. 0000142824 00000 n At the same time, it is highly specialized, repre-senting a variety of risks and accordingly specialized types of insurance covers to match them. Source: IUMI Global Marine Insurance Report Source: IUMI Global Marine Insurance Report Chart 7: Marine Premium 2017 by line of business Chart 8: Marine Premium 2017 by region Global Hull 24% Transport/Cargo57% Marine Liability (other than IGPI) 7% Offshore/Energy12% Europe49.2% Asia/Pacific29.2% Latin America 9.7% North America 5.6% Middle East 4.0% Africa 2.4% Total … Download Full PDF Package. Air, rail, or by post. The amount of insurance is decided by the insurer. 0000059074 00000 n � 2�A��-e�F��taԌ��*+�C�4D|��/,�:H��x��%a(5']�Bsjk��n.�k�F��n�� h��H�K$�)MS�>wWV��g�u:��d�[�q��ҡtV)[�v�;��A=��]��L�? 0000011461 00000 n �" �� 讪~��gŏZ4ؚ��BP�0ɱ+#.b�l[=?I��}Xm�zr� Help; Search within this Act: Table of Contents. The amount of marine insurance depends on the insurance company and depends on the type of insurance to be paid, but generally it is like this: Invoice Value × 110% × 0.2%〜0.3% * Minimum amount about USD28 〜 USD30 / time. Recommended Readings• Insurance Institute of India (1992), Marine Underwriting: IC-65. Utmost good faith: In the contract of marine insurance, each party is supposed to observe utmost good faith and to disclose all material facts to the other party. Marine Insurance Marine Insurance Types and Their Characteristics Marine insurance is rather small in volume, account-ing for only about 2% of the global non-life premium (deduced from global premium volumes as in [8, 15]). Marine Insurance, is a contract whereby for a consideration stipulated to be paid by one interested in a ship or cargo that is subject to the risks of a marine adventure another undertakes to indemnify him against some or all of those specified risks during the voyage. <> 0000002692 00000 n �� C �� Superintendent of Insurance Province of New Brunswick P. O. Download Free PDF. Jd�Ӂ�� )4�x4��]i��73�=f5�=ihZZ�ugoW��itl�x,�M=�>3 ܱ[�T��l"�і!2�1��F�;H;$�U�v��) �� %�@�]2'\ZsG. Directors and Officers Liability and Executive Risks. Real Estate – Condominium and Strata Corporations . 0000006503 00000 n H�b```f``ce`c`dgb@ (��q��ý�\'��N0�+p�0�328/�?��@� C1�(?c ��v�F��F ��v20p��Y��`� ��m�� p;0x8\�b|޲o� Marine Insurance Act 1906.pdf. 0000001448 00000 n Before we discuss the different types of marine losses, let us first understand the meaning of the term marine perils. %PDF-1.3 %�� What police you must specify- 0000010095 00000 n An Insurance Policy is a written contract whereby the insurer (an insurance company), on the basis of an agreed Crime. Marine insurance is one of the oldest forms of insurance. Marine Insurance (M.I Act 1963) Contract of Marine Insurance A contract of marine insurance is a contract whereby :An insurer undertakes to indemnity the assured against marine losses that is to say, the losses incidental to marine adventure. 2. MARINE INSURANCE NOTES. 0000027470 00000 n Free fillable The Swedish Club: International Marine Insurance PDF forms Complete editable The Swedish Club: International Marine Insurance forms in minutes. An Insurance Policy is a written contract whereby the insurer (an insurance company), on the basis of an agreed Hence, to protect the cargo owner from the financial losses arising out of such cases, marine cargo insurance is issued against appropriate premium payment. MARINE INSURANCE NOTES. Short title and commencement.—(1) This Act may be called the Marine Insurance Act, 1963. Marine insurance markets: The 2005 hurricane season was the worst on record, with 14 hurricanes causing billions of dollars in insured losses and around three million claims. A contract of marine insurance is a contract whereby the insurer undertakes to indemnify the assured, in manner and to the extent thereby agreed, against marine losses, that is to say, the losses incident to marine adventure. Marine Insurance Act 1906.pdf. 0000013239 00000 n Marine insurance traditionally formed the majority of business underwritten at Lloyd's. See a comprehensive report on marine … It was started during the middle ages in Italy and then in England. Marine insurance traditionally formed the majority of business underwritten at Lloyd's. Marine Insurance Marine Insurance Types and Their Characteristics Marine insurance is rather small in volume, account-ing for only about 2% of the global non-life premium (deduced from global premium volumes as in [8, 15]). IC 67 Marine Insurance PDF. 0000008670 00000 n MARINE INSURANCE Insurance is a means of protection against loss, whereby the cost of the loss, which would otherwise fall upon the owners, is taken over by the insurer. 0000002083 00000 n Insurance Australia Limited) provides specialised and customised coverages, including Business Package, Marine, Property, Liability, Energy, Professional Indemnity, Directors & Officers, Financial Lines, Utilities, as well as Accident & Health insurance, to a broad client base, including many of the country’s largest companies. It covers the loss of ship or the vessel as well as the goods or cargos which are being transported by land, air or water. trailer << /Size 130 /Info 73 0 R /Root 76 0 R /Prev 257086 /ID[<2053082be698fcf41e7a95a500112222>] >> startxref 0 %%EOF 76 0 obj << /Type /Catalog /Pages 70 0 R /Metadata 74 0 R /PageLabels 68 0 R >> endobj 128 0 obj << /S 158 /L 285 /Filter /FlateDecode /Length 129 0 R >> stream H�lTMo8��W�HM�8q�#;��c�� N��@3�`V��hآ�ұ�~�v�s�9I�;Ŝ��p��?��[�\҈$�㷏�>��=E��@9��q��$V?��p�S&�q�_�z�O��_�xy�w�7_o��ax�n��Mu��m��/0~�gH�n�7��?��j5C�y}?�]�.Xr�6+��[D��h��.��׫K^]�̑�� Q�KoR�,�Ț�yy��6^ĺ:ʩu`��N�Y'5eE�:'��Q�T��`�T��>��2�)��E�$�i�S��~��g ç9��iwMYQDSac�J�D��fO�6ɊAu ��`�(K�J uxy�ς�cOZz��s��&鯨N�{y��"��8uUY`ڕR��D�gd#J��3�-��2�4^�bY�43��Sawti3K�β�W��C�F�RF��V�a^�3gnֿ�a��1�P�i. – Marine insurance is not specifically regulated. Denmark is still on 1930 Act with revision 2006. Marine Insurance - According to Section 3 of the Marine Insurance Act, 1963 " A contract of marine insurance is an agreement whereby the insurer undertakes to indemnify assured, in the manner and to the extent thereby agreed, against marine losses, that is to say, the losses incidental to Marine Adventure." A market leader in providing comprehensive insurance solutions The Swedish Club is a pioneer in providing comprehensive all-in-one insurance solutions. Cargo insurance provides cover for goods in transit by sea . Marine insurance coverage includes loss or damage caused to the shipment/cargo/ ship while is grounded, and also from untoward perils like- sinking, collision, burning, … Ocean marine insurance covers the perils of the sea whereas inland marine insurance is related to the inland risks on the land. 4. Dear Friends here we are posting Marine Insurance IC 67 Chapter 1 MCQ questions pdf. Transportation. Example: frozen mango. 0000003964 00000 n Sign In. %äüöß stream ��D�T�fH7��I��Sg�Ǉ�4 �A7 endstream endobj 129 0 obj 215 endobj 77 0 obj << /Type /Page /Parent 69 0 R /Resources 78 0 R /Contents [ 88 0 R 90 0 R 92 0 R 94 0 R 101 0 R 106 0 R 110 0 R 113 0 R ] /MediaBox [ 0 0 612 792 ] /CropBox [ 0 0 612 792 ] /Rotate 0 >> endobj 78 0 obj << /ProcSet [ /PDF /Text /ImageC /ImageI ] /Font << /TT1 84 0 R /TT3 79 0 R /TT4 81 0 R /TT6 95 0 R /TT7 97 0 R /TT9 102 0 R /TT10 104 0 R /TT12 108 0 R >> /XObject << /Im1 111 0 R >> /ExtGState << /GS1 119 0 R >> /ColorSpace << /Cs6 80 0 R /Cs8 82 0 R /Cs9 99 0 R >> >> endobj 79 0 obj << /Type /Font /Subtype /TrueType /FirstChar 32 /LastChar 85 /Widths [ 228 0 0 0 0 0 0 0 0 0 0 0 0 273 0 0 0 0 0 0 456 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 592 547 0 0 0 0 0 0 501 683 0 638 0 0 0 0 0 592 ] /Encoding /WinAnsiEncoding /BaseFont /DNBGKP+ArialNarrow-Bold /FontDescriptor 86 0 R >> endobj 80 0 obj [ /ICCBased 120 0 R ] endobj 81 0 obj << /Type /Font /Subtype /TrueType /FirstChar 32 /LastChar 116 /Widths [ 250 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 500 500 500 500 500 500 500 500 500 500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 722 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 444 0 0 0 0 0 0 0 0 0 500 0 0 0 389 333 ] /Encoding /WinAnsiEncoding /BaseFont /DNBGLA+TimesNewRoman,Bold /FontDescriptor 83 0 R >> endobj 82 0 obj [ /Indexed 80 0 R 143 116 0 R ] endobj 83 0 obj << /Type /FontDescriptor /Ascent 891 /CapHeight 0 /Descent -216 /Flags 34 /FontBBox [ -558 -307 2000 1026 ] /FontName /DNBGLA+TimesNewRoman,Bold /ItalicAngle 0 /StemV 133 /FontFile2 115 0 R >> endobj 84 0 obj << /Type /Font /Subtype /TrueType /FirstChar 32 /LastChar 86 /Widths [ 250 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 667 0 667 722 667 0 0 0 389 0 0 611 889 722 722 611 0 667 556 0 722 667 ] /Encoding /WinAnsiEncoding /BaseFont /DNBGHO+TimesNewRoman,BoldItalic /FontDescriptor 85 0 R >> endobj 85 0 obj << /Type /FontDescriptor /Ascent 891 /CapHeight 0 /Descent -216 /Flags 98 /FontBBox [ -547 -307 1206 1032 ] /FontName /DNBGHO+TimesNewRoman,BoldItalic /ItalicAngle -15 /StemV 133 /FontFile2 118 0 R >> endobj 86 0 obj << /Type /FontDescriptor /Ascent 935 /CapHeight 718 /Descent -211 /Flags 32 /FontBBox [ -137 -307 1000 1109 ] /FontName /DNBGKP+ArialNarrow-Bold /ItalicAngle 0 /StemV 118 /XHeight 515 /FontFile2 117 0 R >> endobj 87 0 obj 750 endobj 88 0 obj << /Filter /FlateDecode /Length 87 0 R >> stream 6 Legal framework in the Nordic Countries • Maritime Code until 1930ies • Insurance Contract Act from around 1930ies – Some rudimentary rules on marine insurance – Current Nordic Acts from 1989 (Norway), 1994 (Finland) and 2005 (Sweden). Services and Solutions. The document embodying the contract of insurance is called a policy. Notes : See coming into force provision and notes, where applicable. 3 0 obj Choose the document or form you need to continue: Free fillable The Swedish Club: International Marine Insurance PDF forms Documents Part C Survey Questionnaire Bulk, General Cargo and.