Most marine cargo loss or
damage arises while the goods are in the
care custody or control of a third party.
Although they may be able
to limit their liability for loss or damage
(under their trading conditions), those
third parties should always be held accountable.
(1)
Once claims under cargo policies
are paid, we will take up recovery rights
under subrogation. (2)
Certain regimes require carriers
to be given the opportunity to inspect loss
or damage for themselves. (3)
Most carriers’ or forwarders’
trading conditions require claims to be
made within a specified (usually short)
time period, particularly where loss or
damage was not noted on arrival.