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MAJOR CLAIMS PAID PROCEDURE
 
Major Claims Paid « Our Business «

Some of our clients suffer loss or damage to their insured property. Customers expect our prompt service in such cases and our track record of paying claims promptly and professionally is well reputed

 

Listed below are some of the major claims paid by us:

 

• Fire in a Resort, Main stores complex, - 14 February 1999 (US$ 538,000/-)

• Fire in a Resort, Main restaurant - Fire incident, 1993 (US$ 155,000/-)

• Tourist Resort - Fire incident, & loss of profit, 1997 ( US$130,000/-)

• Resort - Fire damage to restaurant, 2001 (US$ 236,000/-)

• Resort - Lightning damage, 1999 (Mrf 275,000/-)

• High Speed Passenger transfer vessel (total loss), January 2001 (US$ 450,000/-)

• Ocean going cargo vessel (total loss), 1996 (US$ 490,000/-)

• Fiberglass Passenger transfer vessel (total loss), 1997 (US$ 100,000/-)

• Passenger transfer vessel (total loss), 1996 (US$ 175,000/-)

• Passenger Vessel - Wooden passenger ferry (total loss), 1999
(MRF 610,000/-)

• Wooden Cargo Vessel - Grounding on reef, 2000 (Mrf 125,000/-)

• Resort - Damage to generator, 2001 (US$ 12,500/-)

• Fishing vessel - Grounding on to reef, 1996 (Mrf 100,000/-)

• Marine Cargo - Inter Island transport of Marine engines, from Male' to Raa Atoll , Cargo, 2000 (Mrf 150,000/-)

• Marine Cargo - Export of Dry Fish 1993 from Male' to Colombo, 1993 (MRF 250,000/-)

• Fiberglass Passenger Transfer Vessel Total loss, 2002 (US$ 50,135)

• Oil Carrying Inter - atoll cargo vessel, 2003 (MRF 800,000)

• Ocean going cargo vessel grounding in Colombo, 2003 (US$ 70,000)

• Fire onboard Safari yacht ,2003 (Mrf 1,195,000)

• Marine Cargo – Import of furniture to Male’ 1999 (Mrf 56,295)

• Marine Cargo – Import of watermelon to Male’,2001 (Mrf 70,136)

• Marine Cargo – Import of Rice to Male’,2003 (Mrf 113,396.29)

• Resort – Fire damage to diving school,2001 (US$ 93,607)

• Resort – Lightning damage,2003 (US$ 20,943)

• Resort – Lightning damage,2003 (Mrf 142,400)

• Resort – Public Liability, Illness to Guest ,2002 (Mrf 32,994)

• Resort – Public Liability , Injury to guests in speedboat, 2003 (US$ 13,241)

• Marine Cargo - Theft of cargo of sea cucumber, 2002 (Mrf 1,248,500)

• Marine Hull - Total Loss of safari yacht due to Fire, 2003 (Mrf 1,200,000)

• Stolen Cash from Bank, 2004 (Mrf 804,850)

• Total Loss of Fuel Transport Dhoni, 2004 (Mrf 918,500)

• Fire In Spa, 2004 (US$ 43,060)

• Wooden Cargo boat 'grounding damage' , 2004 (Mrf 371,554)

• Liability Claim - damage to cargo, 2004 (Mrf 165,583.81)

• Lightning damage to resort property, 2004 (US$ 63,235.43)

• Fire - Spa Building and Contents, 2004 (US$ 43,060)