He noted that there wasn't a large insurable
event that struck a major metropolitan area in 2014.
As of January 1, 2015, the maximum insurable
earnings increase by BGN 200 to BGN 2600.
Deposits and Guarantees required: In case of order at least the following amounts of coverage for professional liability insurance must be insurable
5,000,000 EUR for personal and 5,000,000 EUR for other damage including damage to property.
0 MARKET ANALYSIS 9 Introduction 9 Number of insurable
enterprises 10 More than one third of insurable
enterprises come from the IT and business consulting sector 10 Only one professional category declined in number between 2009 and 2013 11 Market size 13 The UK hosts the largest professional indemnity insurance market in Europe by overall value 13 Medical liability insurance in the UK has been characterised by an increase in claims.
Sebelius that virtually everyone would at some point use healthcare, it essentially admitted that healthcare is not an insurable
risk because insurable
risks are random and infrequent.
From a business perspective, 41% of the respondents consider cybersecurity risks to be greater than other insurable
business risks such as natural disasters and business interruption.
The number of incidents in 2012 was 39, compared to an average of 70 over a 17-year period, and total insurable
fatalities were 318, compared to the long-term average of 597.
In order to prevent financial speculation on human life, however, any party acquiring a life insurance contract must have an insurable
interest in the life being insured.
In particular, this Article focuses on the amendments relating to insurable
interest, the insured's duty of disclosure, interpretation of contractual clauses, double insurance, and insurance fraud.
The Monetary Authority of Singapore (MAS) has said that it will proceed with plans to expand its deposit insurance coverage scheme by raising the insurable
deposit amount for depositors.
Smith has no insurable
interest, only coverage for use by permission.
The reinsurers have agreed to settle the claim at the assessed insurable
value of US$235mn, Aban Offshore said in a statement.