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X-WR-CALDESC:Events for The Lime Street Guide
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DTSTART:20170101T000000
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DTSTART;TZID=UTC:20170524T153000
DTEND;TZID=UTC:20170524T170000
DTSTAMP:20260429T044452
CREATED:20170508T154923Z
LAST-MODIFIED:20170925T161711Z
UID:33409-1495639800-1495645200@www.limestreetguide.com
SUMMARY:Business Interruption: Increased Costs of Working and Extra Expense
DESCRIPTION:Underwriting & claims staff with an interest in engineering\, energy & property insurance/reinsurance\, wordings specialists and in-house counsel. \nMitigation measures can significantly reduce a potential loss of profit\, but questions inevitably arise on issues including whether the expenditure is economic and the extent to which costs incurred during the Waiting Period are covered. \nThis masterclass will discuss the differences between Increased Costs of Working (ICW)\, Additional Increased Costs of Working (AICW)\, Expense to Reduce Loss (ERL) and Extra Expense(EE)\, as well as providing practical examples to illustrate how contentious issues arise in practise and how they might be dealt with. \nThis presentation will focus on: \n\ndefining ICW\, AICW\, ERL and EE\nthe application of the economic test\nmitigation costs incurred during the waiting period\npro-rating costs\npractical considerations with mitigation.\n\n		\n\n							\n					Share this event with your colleagues:\n				 \n			\n			\n\n								\n		\n\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Facebook\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Twitter\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																LinkedIn\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Email\n									\n						\n\n											\n					\n									\n			\n					\n		\n			\n		\n		This event requires membership. Please visit the organiser's website for more information.Visit Event Website
URL:https://www.limestreetguide.com/event/business-interruption-increased-costs-working-extra-expense/
LOCATION:The Old Library\, Lloyd’s of London\, One Lime Street\, London\, EC3M 7HA\, United Kingdom
CATEGORIES:Education & Training
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GEO:51.512999;-0.082006
X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=The Old Library Lloyd’s of London One Lime Street London EC3M 7HA United Kingdom;X-APPLE-RADIUS=500;X-TITLE=One Lime Street:geo:-0.082006,51.512999
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