5/15/2023 0 Comments Indiegala merchants of kaidanYou have the permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. We will always indicate the original source of the data in our documentation, so you should always check the license of any such third-party data before use and redistribution.Īll of our charts can be embedded in any site.Has the official regulator/authority intervened to help resolve contractual uncertainty around the validity of BI claims? The data produced by third parties and made available by Our World in Data is subject to the license terms from the original third-party authors. The Autoriteit Financiële Markten (AFM) regulates insurers and other financial service providers, but does not interfere with civil law matters pertaining to policy coverage. Unsurprisingly, the AFM has not released a statement about contractual uncertainty around the validity of BI claims. However, the Dutch market seems broadly unanimous: damage due to the coronavirus is in principle not covered by BI insurance. The Dutch Association of Insurers specifically points out that in this case the government is taking measures to help businesses ( ).ĭo insurance policies in your jurisdiction generally restrict BI to losses directly resulting from physical damage? In principle, business damage is only covered by BI insurance if there is material damage to insured property (such as real estate or inventory), caused by a risk specified in the policy conditions (“named peril”). In general, damage due to BI as a result of the coronavirus does not qualify as material damage to property, or as a named peril, and is therefore not covered. It could be possible, however, that insurance policies do cover losses that are not directly related to material damage, if the policy includes an additional “Communicable Disease” clause. ![]() This can be illustrated by the two cases discussed hereafter. In just exploring the game this morning, it comes across as an entertaining, challenging title that will test your skills at market prediction, patience and luck.However, it must be noted that such policies form an exception to the general rule and are therefore not common in the Dutch insurance industry.Īre there any court proceedings currently dealing with the validity of BI claims?Īs of July 2022 we are aware of two cases in which the insured challenged a denial of BI insurance coverage in court. The game is driven by a complex, market fluctuation algorithm that include variables such as demand, supply, seasons of the year, localization of the city and random events like droughts or rat infestation.They in turn affect how well you conduct business. Random blessings and curses that influence your statistics.They also impact the way the game looks with each city having a distinct look at different times of the year. Four seasons of the year that influence the prices of goods, open some paths for travel and block the others.Advisers are available for hire to council you on a variety of issues such as short cuts on the roads, how to deal with bandits and more.Each with its own advantages and disadvantages. Three types of transportation is available to move your goods that include roads, the open seas and flight.A storm on the sea, attack by dragons, highway robbery and many, many more. ![]()
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