chapter8InternationalCargoTransportationInsurance课件.ppt

组员： 唐璐 普子轩 胡凌菲 Chapter 8 Cargo Transportation Insurance The definition of international cargo transportation insurance It refers to that the insured covers insurance for the shipment with the insurer, that is, the insurance company or underwriter before shipment. Risks, Losses and Expenses Risks风险 Marine risks in connection with cargo in transit can be classified into two types: a.perils of the sea: Natural calamities and Fortuitous accidents b.extraneous risks: General extraneous risks and Special extraneous risks perils of the sea Perils of the sea are those caused by natural calamities and fortuitous. Natural calamities---Disasters such as vile weather, thunder and lighting, tsunami, earthquake, floods, etc. Fortuitous---Accidents such as ship stranded, striking upon the rocks, ship sinking, ship collision, colliding with icebergs or other objects, fire, explosion, ship missing, etc. Extraneous Risks Extraneous risks are risks caused by extraneous reasons, consisting of general extraneous risks and special extraneous risks. General extraneous risks include: theft or pilferage, rain, shortage, contamination, leakage, breakage, train of odor, dampness, heating, rusting hooking, etc. Special extraneous risks include: war risks, strikes, non-delivery of cargo, refusal to receive cargo, etc. losses Marine losses are the damages or losses of the insured goods incurred by perils of the sea. Marine losses: Total losses: Actual total loss and Constructive total losses Partial losses: General average and Particular average Total Loss Total loss refers to the loss of the entire shipment caused by the occurrence of one of the perils of the sea, fire, or some other reasons. Actual total loss: It occurs where the insured goods have been totally lost or damage, or found to be totally valueless on arrival. Constructive total loss: It is found in the case where an actual total loss appears to be unavoidable or the cost to be incurred in recovering or reconditioning the go