Calculate the indemnity payable under the Fire policy for the building damage , assuming the actual physical damage to the building is S$4 million. Show the application of the Average Clause. Explain whether the insurer will pay for the damage to Client A’s batteries under this policy.
What is the role of the Personal Data Protection Commission (PDPC) in this breach? How does mandatory breach notification affect the insurance claim process?
A food importer in Singapore has a Marine Cargo policy under Institute Cargo Clauses (B) and a separate Storage Floater for the warehouse. A container of frozen prawns arrives at Pasir Panjang Terminal, is trucked to the warehouse, and upon opening 24 hours later, is found to have thawed and spoiled. The refrigeration unit was not plugged in during the 2-hour truck journey. Does the Marine Cargo policy respond? Justify using ICC (B) exclusions.