基本説明
Contains a detailed comparison of UK and US practice and procedure, and deals also with Asia, Africa, the Americas, and Australasia.
Full Description
This book provides an international guide to business interruption insurance, containing detailed comparison of UK and US practice and procedure. It focuses on the wordings of policies in both the UK and US, but also offers coverage of activities and philosophies in Asia, Africa, the Americas, and Australasia. This new edition covers all the changes that have occurred since the publication of the 8th edition in 1999, including the increased emphasis on policy wordings, increased importance of risk analysis, and changes to the risk landscape. It looks at several types of cover, and provides detailed guidance on charges in company accounts, perils and contingencies including fire, labour disturbances, strikes, and riots. It looks at the principles, conditions, and available scope of modern consequential loss policies, including the pitfalls, and includes key recent case law. * Authoritative - widely regarded as the foremost text on the subject.* Comprehensive - examines business interruption and consequential loss insurance and claims * Practical approach - readable and reliable * International approach - focuses on the UK and US, but also deals with Asia, Africa, the Americas, and Australasia
Contents
Measurement of loss of future earnings - the basis of business interruption insurance. The framework of the cover - policy forms used in the United Kingdom/in the United States. Operation of the cover - United Kingdom basis/United States basis. Worldwide practices and procedures. Gross profit, gross earnings or business income: specifications and definitions - United Kingdom/United States. Standing charges and variable expenses - United Kingdom and United States. Insurance of payroll cost - United Kingdom and United States. Calculating the amount to be insured - United Kingdom and United States. Risk management - analysis, trends, and financing (insurance). Special forms of insurance - separate items and policies. Perils (United Kingdom) or causes of loss (United States). Engineering business interruption insurance - United Kingdom. Boiler and machinery coverage - United States. Dependence on other businesses and premises - United Kingdom and United States. Miscellaneous clauses and covers. Claims settleme