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New freight, cargo and trade credit broker listing

Published

2007

Fri

20

Jul

 

Local expertise in a global market.

 

Nacora International Insurance Brokers has provided insurance solutions for more than 20 years from offices located in the most important trading centres of the world and continues to provide international and local insurance solutions that are tailor-made to your specific requirements.

 

Being a member of one of the leading international clearing and forwarding companies, Nacora are specialists in understanding the global dynamics that exist when insuring cargo. With our global network we are able to make use of our global resources to benefit you as our client.

 

We also offer services to other clearing agents worldwide due to our global expertise. For the majority of claims Nacora is authorised by insurers to settle claims on their behalf.

 

Our portfolios include:

 

·         Marine Cargo Insurance

·         Marine Liability Insurance

·         Commercial Insurance

·         Motor Fleet Insurance

·         Personal Insurance

·         Directors and Officers Liability Insurance

·         Credit Insurance

·         Special Projects Insurance

 

 

Please click here for more information.

 
Source: Nacora International Insurance Brokers
 
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Funds Withheld:

The situation in which a ceding company retains a deposit of the premium due to reinsurer’s. It withholds a portion of the premiums due as a guarantee that a reinsurer will meet its loss and other obligations. Also referred to as deposits retained. Funds withheld is one way of putting the security in place for foreign reinsurance to be regarded as approved reinsurance under both of the Insurance Acts.
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