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General Average Absorption Clause 2018
The BIMCO Standard General Average Absorption Clause, for use in marine insurance policies, was updated in 2017 to give effect to the revised York-Antwerp Rules 2016. Further modifications have now been made to streamline the basis for determining insurers’ payments. Details are set out below toget... Please follow the link to continue reading.
Guidance on General Average and New Jason Clauses
New guidance relating to possible inclusion or exclusion of General Average and New Jason Clauses in WINDTIME, SUPPLYTIME 2017 and ASVTIME
