الخسائر التبعية لخطر الحريق بشركات التأمين السودانية

Abstract

ABSTRACT This research aims at understanding the impact of Business Interruption Insurance on the Sudanese insurance companies. It also delves into the actual situation of fire insurance in the Sudanese Insurance; as compared with other branches of insurance. This is due to the great significance of this branch of insurance. The research, thus, reviews in it’s theoretical part, the direct and indirect losses which results from the occurrence of fire and availalabilty relevant of covers in the insurances market. Also there are the arrangements for provides and minimization of the resultant losses, asrising out of "fire incidents. The research provides a historical background on the general concept of insurance as to emergance and historical developments.Then it discusses in particular the concept of fire insurance and the historical development, with special reference to fire insurance in the Sudan . The research then dealts with losses caused by fire, the incidental causes of these losses, the types of resultant losses, and how to control the risk of fire and allied perils” In the practical aspect of the study, the research dealt with the real position of the Sudanese insurance market, towards coverage of fire risks and allied perils as well. It also went through the fire claims as to the direct and consequential losses adjustment. Thene, the technical, financial and administrative problems in the relation to the direct consequential losses originated frome fire incidents, where also dealt with. ~ The research has been concluded with theinecessary analysis of the relevant questionnaires and verification of the pertinent presumptions.The important results reached at are the following: 0 The business interruption insurance (consequential losses) is - unknown to the public, the fire policyholder , and a large number of operators in the insurance market.

The percentage of business interruption insurance is extremely low compared with other of insurancecovers in the market. The business intemlption can’t be attached to the standard fire policy available in the market . The underwitting results of consequential losses for insurancecompany are positive. The fire fighting systems are many and available in the country, but they are not so advanced and accordingly they are not reliable. The control of fire losses is a co-operative responsibility of the insurers and policy holders.