And canada nma 1975a this agreement shall exclude nuclear energy risks whether such risks are written directly. The adviser concluded that the endorsement excluded all coverage for the tunnel work being performed. Whereas the insured named in the schedule hereto by a proposal and declaration, which shall be the basis of this contract and is deemed to be incorporated herein has applied to the future generali india insuranace co. Cear construction and erection all risk endorsements. Online forum for global insurance professionals for knowledge sharing and peer discussions.
Bob bryan is a senior vice president and casualty treatyprogram underwriter for munich reinsurance america, inc. Munich reinsurance company is a reinsur ance company organised under the laws of germany. Contractors all risks policy wording munich re clauses. Munichre munich re examples of policy wordings and clauses. A personal lines flood endorsement from munich reinsurance america, inc. Munich re trading llc in the woodlands tx company profile. Tunnels and underground projects an insurance adviser to a tunneling contractor objected to a tunneling endorsement on a project owners builders risk policy. Electronic equipment insurance eei covers your electronic equipment or electrical machinery or installation such as medical equipments or ict against all risks subject to eei munich re wordings. This document is used for any offer of renewal we may make, unless we tell you otherwise. To listen to the live audio webcast please register here. The documents are on the imia website knowledge examples of standard policies and clauses.
Epi 53 normal action of the sea it is agreed that in section 1, material damage the following is added to exclusions to section 1. Upon expiration of each annual policy period governed by this endorsement, the insurer and the insured shall renew this policy at the same premium, terms and conditions unless. This corporate entity was filed approximately fourteen years ago on thursday, august 31, 2006 as recorded in documents filed with texas secretary of state. Munich res exclusive client portal your success is our. Munich re provided a new policy and associated clauses endorsements for a combined car ear insurance. Munich re february 20 dsu can also be referred to as. The insureds gross revenues are in excess of 10% of the initial revenues reported to the insurer at. The last few years have seen a significant rise in the homesharing economy. Machinery breakdown policy wordings whereas the insured named in the schedule hereto by a proposal and declaration, which shall be the basis of this contract and is deemed to be incorporated herein has applied to future generali india insurance company limited hereinafter called, the. Pull all your project information together in one place and stay connected with your project team. It covers loss or damage due to fire, electrical breakdown, riots, strikes, flood, typhoon, storm or other accidental damage. Delay in startup insurance a primer based on lessons learned houston marine insurance seminar. Munich re is a leading global provider of reinsurance, primary insurance and insurancerelated risk solutions.
Munich re america partners with britecore to offer. Robert bryan, cpcu senior vice president, regional clients munich reinsurance america, inc. The exclusions section of this clause is based on the munich re. The repository provides underwriters with access to established model wordings and clauses which are in current use, in all lines of business, against which slipsmrc can be referenced. It is understood and agreed that any payment or payments by insurers to any one or more such insured parties shall reduce to the extent of that payment insurers liability to all such parties. Any extension of the period of insurance under this policy shall not automatically lead to an extension of the period of insurance stated in the schedule to this policy. Electronic equipment insurance code, endorsement clauses warranties,descriptions,company 567,adjustment of sum insured and premium,adjustment of sum insured and premium it is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the p. Policy voidable this policy shall be voidable in the event of. Strike, riot and civil commotion this endorsement forms part of section i and is subject otherwise to the terms, provisions, conditions, limitations and exclusions. Policies are underwritten by munich reinsur ance company or its affiliated insurance and reinsurance subsidiaries. Zurich material damage business interruption insurance policy wording. Please see under knowledge examples of standard policies and clauses.
For the purpose of this endorsement an act of terrorism means an act, including but not limited to the use of force of violence andor the threat thereof, of any person or groups of persons whether acting alone or on behalf of or in. Insurers will not indemnify the insured in respect of any loss or damage totally or partially resulting from adverse sea conditions unless according to the records available the return period of such sea conditions at the project site is higher than the return. Munich re s shares are listed on all german stock exchanges and on the xetra electronic trading system. 2 notwithstanding the above this contract shall not exclude any part of a claims related extracontractual obligation loss incurred under the terms of proportional or nonproportional reinsurance unless such reinsurance is effected solely to cover. Uwffsw00104e page 5 of 21 b any peril hereby insured against which itself result from pollution or contamination. Visits maintenance this endorsement covers loss or damage due solely to acts and activities of the contractor on the site during the maintenance period and required by the works contract, e. It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the policy or endorsed thereon and subject to the insured having paid the agreed extra premium, this insurance shall be extended for the maintenance period specified hereunder to cover loss or damage to the contract works. Any extension of the period of insurance under this policy shall be. Heavyweight support puts pool re in pandemic pole position. Munich re endorsements insurance professionals home. With a deep understanding of property risks, munich re developed a new personal lines endorsement that will help policyholders protect themselves against the unique damages and exposures. Ear policy wording alop policy wording munich re clauses. Material damage business interruption insurance policy.
Any word or expression to which a specific meaning has been attached in any part of a section or of the endorsement or questionnaire shall bear such meaning wherever it may appear in such section, endorsement or questionnaire. We hope you enjoy the articles in this issueof note are the munich re life reinsurance survey results, which are always interestingand keep. These written changes vary or modify the above documents. Ergo, a munich re subsidiary, is the groups primary insurance arm. Whereas the insured named in the schedule hereto has made to the chartis memsa insurance company limited kuwait branch hereinafter called the insurers a written proposal by completing a questionnaire which, together with. Extended maintenance cover insurance professionals home. Number 11 downing street the home to the uks chancellor of the exchequer has recently entertained three different earlystage propositions on how it could work with the insurance industry over a future pandemic reinsurance solution. Cear construction and erection all risk endorsements construction and erection all risk endorsements page 548 cear insurance endorsement 14001 special insurance cover. Munich re group or munich reinsurance company german.
Please note, only those covers shown in your policy schedule are insured. Munich re trading llc filed as a foreign limited liability company llc in the state of texas on wednesday, april 20, 2011 and is approximately nine years old, according to public records filed with texas secretary of state. Munichre munich re examples of policy wordings and. Swiss re engineering project insurance policy endorsements page epi 02 air freight expenses 2 epi 03 existing property 3 epi 04 guarantee maintenance 4 epi 05 strike, riot, civil commotion 5 epi 07 vibration, weakening and removal of support 6 epi 12 partial operation 7 epi 15 constructional plant and equipment 8.
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