“Vessel Casualty Report gives details of vessels which have met with some casualty while carrying cargo from one Port to another and which may have resulted in (i) loss/damage to the cargo carried in the vessel or (ii) General Average Loss/Expenditure. Please go through the Casualty Report and check whether your cargo had been carried in any of the vessels mentioned therein and check...

As an informed exporter, it is important to know the major economic indicators of the countries where you are exporting. This is important to foresee if there are any possible chances of payment defaults. If there is, changes can be made in the payment terms. Hence, in order to aid this decision making process, we present the findings provided by...

“Vessel Casualty Report gives details of vessels which have met with some casualty while carrying cargo from one Port to another and which may have resulted in (i) loss/damage to the cargo carried in the vessel or (ii) General Average Loss/Expenditure. Please go through the Casualty Report and check whether your cargo had been carried in any of the vessels mentioned therein and check...

Starwood Hotel’s Mega Hack - guest reservation database of 500 Mn compromised Starwood Hotels and Resorts Worldwide, LLC is a subsidiary of US based hotel chain Marriott International.  As per recent news in last week of Nov., 2018, Starwood Hotels has faced cyber hack which was identified by hotel on 19th Nov. 2018 when investigators found encrypted data in an...

Revision of Minimum Rates for STFI Perils we.f. 15/12/2018 Dear All, Premium rating of STFI perils under Fire, Fire Loss of Profit, Industrial All Risk, Annual Engineering and Project Policies was reviewed last time in 2016 and revised guidelines were introduced w.e.f. 1st March 2016. Subsequent to that there have been rise in the number of extreme rain events which...