If the sum insured is less than the insured value, the insurer shall obtain partial rights pertaining to the subject matter of the insurance which is lost or damaged on the pro rata basis of the sum insured to the insured valueEurLex-2 EurLex-2
At an early stage, however, this was felt to be impractical due to the interdependencies between ICS development and CAP development.Eurlex2018q4 Eurlex2018q4