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Marine insurance covers the physical loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination. [1] [2] Cargo insurance is the sub-branch of marine insurance, [3] though marine insurance also includes onshore and offshore exposed ...
China Shipping Group Company, Limited, formerly China Shipping (Group) Company, is a former Chinese state-owned shipping conglomerate. It is now one of the intermediate holding companies for another Chinese state-owned conglomerate, China COSCO Shipping, which was formed by a merger of China Ocean Shipping Company (COSCO) and China Shipping Group by the creation of a new parent company for the ...
A Premium Bond is a lottery bond issued by the United Kingdom government since 1956. At present it is issued by the government's National Savings and Investments agency. The principle behind Premium Bonds is that rather than the stake being gambled, as in a usual lottery, it is the interest on the bonds that is distributed by a lottery.
The TI-84 Plus is a graphing calculator made by Texas Instruments which was released in early 2004. There is no original TI-84, only the TI-84 Plus, the TI-84 Plus Silver Edition models, the TI-84 Plus C Silver Edition, the TI-84 Plus CE, and TI-84 Plus CE Python. The TI-84 Plus is an enhanced version of the TI-83 Plus.
The American Revolutionary War (April 19, 1775 – September 3, 1783), also known as the Revolutionary War or American War of Independence, was a military conflict that was part of the broader American Revolution, where American Patriot forces organized as the Continental Army and commanded by George Washington defeated the British Army .
Tonnage. Tonnage is a measure of the capacity of a ship, and is commonly used to assess fees on commercial shipping. The term derives from the taxation paid on tuns or casks of wine. In modern maritime usage, "tonnage" specifically refers to a calculation of the volume or cargo volume of a ship.
Credibility theory is a branch of actuarial mathematics concerned with determining risk premiums. [1] To achieve this, it uses mathematical models in an effort to forecast the ( expected) number of insurance claims based on past observations. Technically speaking, the problem is to find the best linear approximation to the mean of the Bayesian ...
Dimensional weight, also known as volumetric weight, is a pricing technique for commercial freight transport (including courier and postal services ), which uses an estimated weight that is calculated from the length, width and height of a package. The shipping fee is based upon the dimensional weight or the actual weight, whichever is greater.