BLF - Formations en assurance

𝗠𝗼𝗻𝘁𝗿𝗲𝗮𝗹 𝗖𝗼𝗻𝘃𝗲𝗻𝘁𝗶𝗼𝗻: 𝗥𝗲𝘃𝗶𝘀𝗲𝗱 𝗹𝗶𝗺𝗶𝘁𝘀 𝗼𝗳 𝗹𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗳𝗼𝗿 𝗮𝗶𝗿 𝗰𝗮𝗿𝗿𝗶𝗲𝗿𝘀 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝘀 𝗳𝗿𝗼𝗺 𝟮𝟮 𝗦𝗗𝗥/𝗸𝗴 𝘁𝗼 𝟮𝟲 𝗦𝗗𝗥/𝗸𝗴 The Montreal Convention of 1999 defines the liability and limitations for air carriers regarding the loss and damage to cargo during international carriage by air. Under Article 24(1), known as the "𝗘𝘀𝗰𝗮𝗹𝗮𝘁𝗼𝗿 𝗖𝗹𝗮𝘂𝘀𝗲", the Convention mandates that the limits of liability shall be reviewed by ICAO (International Civil Aviation Organisation) at 𝟱-𝘆𝗲𝗮𝗿 𝗶𝗻𝘁𝗲𝗿𝘃𝗮𝗹𝘀. Yesterday, on 16th October, ICAO announced the outcome of their recent review held in June, increasing the maximum liability of air carriers in respect of cargo from 22 SDR (Special Drawing Rights) per kg up to 𝟮𝟲 𝗦𝗗𝗥/𝗸𝗴. This raises the level of compensation from approximately USD 30/kg up to 𝗨𝗦𝗗 𝟯𝟱/𝗸𝗴 at today’s rates. The revisions have been approved by States Parties to the Convention and will take effect from 28th Dec 2024. This adjustment will allow for higher recoveries in air cargo claims. Conversely, international air carriers should prepare for increased claims exposure due to the higher compensation limits. An extract from the announcement by ICAO is below: “I have the honour to refer to State letter LE 3/38.1-IND/24/4, dated 28 June 2024, by which ICAO had communicated to States Parties the results of the review of the limits of liability pursuant to Article 24, paragraph 2, of the Convention for the Unification of Certain Rules for International Carriage by Air, done at Montreal on 28 May 1999 (Doc 9740). As set out in paragraph 8 of the above-mentioned State letter, States Parties were advised that the limits of liability established under the Montreal Convention would need to be revised … … States Parties are accordingly invited to make provisions as necessary in accordance with their domestic legal requirements, to give full effect as of 28 December 2024 to the revised limits. Secretary General” The revised limit as it relates to cargo under Article 22, paragraph 3 of the Montreal Convention is shown below: Original Limit 17 SDR/kg 30 Dec 2009 19 SDR/kg 28 Dec 2019 22 SDR/kg 28 Dec 2024 26 SDR/kg It is important to note that air cargo typically has a higher value relative to its weight. This frequently leads to significantly limited recoveries against air carriers. However, in certain circumstances the carrier may be found fully liable “…if it is proved that the damage resulted from an act or omission of the carrier, its servants or agents, done with intent to cause damage or recklessly and with knowledge that damage would probably result…” [Article 22.5]. If you encounter claims for damage to cargo, whether transported by air or other means, contact us for expert advice and assistance in maximising your recovery.   Best regards   David Landau Managing Director Dolphin Group of Companies David@dolphin-claims.com.sg

🌐 Le CESAM fait peau neuve ! 🌐 L’équipe du CESAM est ravie de vous informer du lancement du nouveau site web du Groupement. 🚀 🚢 Ce que vous y trouverez : des rubriques redessinées : • Un réseau de Commissaires d’Avaries et d’Experts • Les services financiers et le système Optiflux® • Un espace client dédié • Une section Risques de Guerre  • Les Evénements Majeurs  • Une offre de formations complète  • Une bibliothèque enrichie • Actualités & Evénements Cet outil de communication et de travail reflète les évolutions en cours et à venir du CESAM avec comme constante préoccupation de toujours servir plus et mieux l’ensemble des acteurs de l’écosystème de l’Assurance Maritime et Transports français. 📢 Découvrez notre nouveau site dès maintenant : www.cesam.org 🌐 CESAM gets a new look! 🌐   The CESAM Team is delighted to inform you about the launching of the new website of the Group. 🚀 🚢 What you will find : newly drawn sections : • Average Agents and Surveyors network • Financial services and Optiflux® system • A dedicated client space • A war risks section • Majors Casualties • An exhaustive training offer • An enriched library • News & Events   This communication and working tool reflects on going and future evolutions of CESAM with a constant concern to always more and better serve all actors from the French marine ecosystem.   📢 Discover our new website right now: www.cesam.org #assurancemaritimeettransports #CESAM #lancementsiteweb