What is Marine Insurance?
A simple definition of the word insurance would be “Protection against future loss.” Marine insurance is another variant of the general term ‘insurance’ and as the name suggests is provided to ships, boats and most importantly, the cargo that is carried in them.
Marine insurance is very important because through marine insurance, ship owners and transporters can be sure of claiming damages especially considering the mode of transportation used. Of the four modes of transport – road, rail, air and water – it is the latter most which causes a lot of worry to the transporters not only because there are natural occurrences which have the potential to harm the cargo and the vessel but also other incidents and attributes which could cause a huge loss in the financial casket of the transporter and the shipping corporation.
Different Types of Marine Insurance & Marine Insurance Policies
Name- Shivangi Purav
Profile Expertise - Fssai (Registrations,State,Central licenses )
Product approvals, Label Validations for Fssai
Have worked past on the continuous client basis .Licenses covered for manufacturing units, Repackers, warehouses, Distributors etc.
We at EMERAND , leverage our experience and expertise in the power generation industry, We offer valuation services with a perfect combination of Engineering , Financial and Economics that provides Power sector stakeholders with accurate valuation of Power generation, transmission, distribution, and Distribution franchisee business segments etc.
Accurate valuations must be based on a In-depth understanding of power technologies, Fuel types like Coal, Gas, Hydro , Solar, Wind etc, Industry drivers, Cost dynamics and the regulatory framework. In Power sector, valuation methodologies fall into mainly in 3- different categories: Replacement cost approach, Discounted cash flow, and Earnings multiple approach.
We do detail cashflow analysis of various fuel based power plants to arrive at accurate valuation of the assets.