Label: | Financial Services Insurance Atypical Risk Class Type Code |
TREF ID: | DE8950 |
Data Type: | dtyp:sbrAtypicalRiskClass |
Period Type: | instant |
Business Description & Guidance: |
This is the value, as at the relevant date, of the Atypical exemption category by applicable risk class, as determined in accordance with the relevant insurance regulations.The atypical exemption applies to an insured (policyholder) of a contract of insurance for an atypical risk to the extent that it insures against the loss or liability for one of the following risks:Nuclear = loss or liability arising from the hazardous properties (including radioactive, toxic or explosive properties) of nuclear fuel, nuclear material or nuclear waste;Biological = loss or liability arising from the hazardous biological material or biological waste;War = loss or liability arising from war or warlike activities;Terrorism = ensuring against loss or liability arising from a terrorist act;Medical clinical trials = ensuring against liability arising from a health-care related research;Space = loss or liability arising from the operation of a space object (within the meaning given by the relevant section of the Space Activities Act);Aviation liability = to insure against liability arising from the ownership of an aircraft, excluding loss of aircraft or its cargo;Shipowners' Protection and Indemnity = Being liability and expenses arising from a person owning, chartering, managing, operating or being in possession of a vessel other than a pleasure craft (within the meaning given by the relevant section in the Insurance Contracts act); orEquine = for ensuring against loss or liability arising from equine mortality or fertility and related risks, excluding equestrian packages. |
Usage
Form | Labels | |
Label:
|
Atypical Risk Class |