Sabtu, 01 Juni 2013


All cover in respect of extra-contractual obligation howsoever arising, such extra-contractual obligations being defined as any award made by a court of competent jurisdiction against an insurer or reinsurer, which award is not within the coverage granted by any insurance and/or reinsurance contract made between the parties in dispute, unless such extra-contractual obligations is incurred as a result of the Reinsured’s participation in any reinsurance which provides cover for such loss results from a contractual liability incurred by the Insured.
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