The sum insured shall not exceed the insured value of the subject matter of the insurance, and any portion exceeding the insured value of the subject matter of the insurance is null and void as a matter of law.

Unless a claimant was able to provide satisfactory evidence of stock or tangible assets in excess of the insured amounts, the Panel reduced the claimed amount for such stock or tangible assets to the insured level and then applied standard adjustments such as for obsolescence and depreciation.

(a) the nature or amount of the security already obtained in respect of the same claim is inadequate, provided that the aggregate amount of security may not exceed the value of the ship .

A double insurance refers to insurance under which an applicant enters into insurance contracts with two or more insurers on the same subject matter of the insurance, the same insurable interests and the same insured event.

Participating nations may then exchange or bank certified excess emissions permits allowances to ensure that they hold enough to cover their emissions.

Other possible types of insurance include insurance for business interruption, interruption in cash flows, and cost overrun insurance.

A prudent option may be to cease temporarily the annual allocation to the fund, but to take out an excess policy with a commercial underwriter to protect the Organization against claim settlements exceeding the current fund balance.

Overexpenditure of small capitalization fees

Thus, until 31 December 2005 state pensions if their amount does not exceed a triple amount of the state social insurance benefit, are indexed taking into account the actual consumer price index as well as 25 of the actual increase in the insurance contribution wages while pensions that exceed a triple amount of the state social insurance benefit but do not exceed the amount that is equal to five times the state social insurance benefit, are indexed by the consumer price index.

It promises to build political consensus in the context of the IMF quota review.

retaining for its own account excessive insurance exposures which is regarded as having committed a serious breach or

However, the total amount of the death benefits shall not exceed the limit as stipulated by the financial supervision and regulation department.

The insurer shall bear the expenses necessarily and reasonably incurred by the insured in taking measures to prevent or mitigate further loss or damage of the subject matter of the insurance after the occurrence of the insured event the amount of such expenses borne by an insurer shall be calculated separately from the indemnity for the loss of the subject matter of the insurance and it shall not exceed the sum insured.

This year the amount of the damage exceeded 2,764 million.

The Panel noted that in cases where the insurers verified the policies, claimants frequently claimed for amounts significantly in excess of the insured figures.

(ii) If the amount of such income taxes exceeds the amount of staff assessment, the Secretary General may also pay to the staff member the amount of such excess

The level of outstanding advances and advances in excess of the required three months expenditure is evidence of poor cash management and expenditure monitoring.

In 2004, total contributions represented 94.8 per cent of benefit payouts, with payouts exceeding total contribution income by 68.1 million.

Until 31 December 2006 the amount of old age pensions for person who have reached the retirement age prescribed by law, shall not be less than the state social insurance benefit (Ls 30) to which the following coefficients are applied in the event of the insurance period not exceeding 20 years 1.1 for persons whose insurance period exceeds 20 years but does not exceed 30 years 1.3 in the event of the insurance period exceeding 30 years 1.5.

Sum insured

(2) In the absence of agreement between the parties as to the sufficiency and form of the security, the Court shall determine its nature and the amount thereof , not exceeding the value of the ship ..

Some of the individual purchases involved amounts in excess of 100,000.

The insurer shall pay the balance after the final amount of indemnity or payment of the insurance benefits is determined.

The divorce cannot have resulted by severe damage to married life caused by the applicant for survivor's pension.

Table II.6

The sum insured refers to the maximum amount which the insurer undertakes to indemnify or pay under its insurance obligation.

91. In principle, everyone is paid the same amount of old age pension, and the pension must be of a reasonable amount to enable pensioners to lead a life on their own terms.

E. Inadequate guarantees

What about guarantees?

UNCDF has committed over US 70 million in micro finance.

3 Type, amount and internal approving procedure of external investment and guarantee of the securities firm

In addition, coverage to protect the Organization in the event of a catastrophe causing more than 20 million worth of damage was also sought (excess coverage).

failing to set up a guarantee fund or violating the stipulations regarding the application of the guarantee fund

Moreover, total benefit payments have recently outgrown the contributions to the Fund.

According to the Administration, the amounts fixed in the agreements are not the same for each custodian because most large pension funds do not require their global custodians to purchase insurance in excess of the amount normally carried by the custodians.

The Organization accepted a letter of credit in lieu of a performance bond and the retainage of funds from the contractor.

The loan amount per student does not exceed tuition fees established for studies.

The Fund shall not exceed US 1 billion in total voluntary contributions.

E. Bonds and other financial security

A number of countries reported that the amount of a judge apos s pension ensured that there was no need for additional savings in order to maintain his or her living standard after retirement.

The types of securities that can be lent to the customer by the securities firm and can be bought with the funds lent to the customer by the securities firm, the types and coefficient of the securities that can be used as deposit, the time limit for securities lending and borrowing, the minimum guarantee maintenance ratio and the time limit for making up the difference shall be determined by the stock exchange.

They are reimbursed up to the maximum amount approved by the General Assembly.

Thus, the defendant ended up receiving more than it was entitled to.

The consolidated amount fell within the available balance of the contingency fund.

402 000 (financing already assured)