A Study on Insurance of Pirate Attack and “Kidnap and Ransom” / 海盜攻擊與劫持之保險問題研究

碩士 / 國立高雄海洋科技大學 / 航運管理研究所 / 100 / Shipping transport is the most convenient and normal way to transport cargo. In recent years, pirate attack is getting more and more, lots of pirates start to hijack ship and asked for the ransom. Therefore marine underwriters began offering Kidnap and Ransom Insurance.
Kidnap and Ransom Insurance have available in insurance market for few years, but lack of relevant research. Therefore, This study discuss the following three issues: 1. Is the pirate attacks covered by Hull, Cargo and P&I Insurance. 2. How to recover the ransom payment by marine insurance, if ship owner didn’t purchase the Kidnap and Ransom Insurance. 3. The coverage and the exclusive of Kidnap and Ransom Insurance.
The result of this study, pirate attack is covered by Hull, Cargo and P&I Insurance. But in Cargo Insurance, only ICC (A) Clause covered pirate attack. The ransom payment could be recovered by General Average expenditure. For the Kidnap and Ransom Insurance, underwriter will indemnify: 1. Ransom payment up to policy limits. 2. Loss of ransom in transit. 3. Cost and fees for response consultants. 4. Additional expenses. 5. Legal liability.

Identiferoai:union.ndltd.org:TW/100NKIMT301006
Date January 2012
CreatorsChun-Tai Li, 李鈞泰
ContributorsWen-Jui Tseng, 曾文瑞
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format88

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