excess of loss arrangement oor Sjinees
excess of loss arrangement
Vertalings in die woordeboek Engels - Sjinees
超额损失安排
Geskatte vertalings
Vertoon algoritmies gegenereerde vertalings
voorbeelde
Advanced filtering
Voorbeelde moet herlaai word.
The required coverage is calculated on the basis of the maximum probable loss estimated in line with the rocket type and the payload content; in the case of damages in excess of this coverage, the law provides that the government is to pay for the residual damages up to a certain limit. This is similar to arrangements that have been adopted in the United States and France, although the French government sets no limit on  payments. In addition, Japan's Space Activities Act provides that the launch operator bears liability for accident damages even if they are due to problems in the payload.
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