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General average clause

A clause in ocean marine insurance that requires ship and freight interests other than the insured to respond to loses suffered by the insured interest when those losses result from voluntary, necessary, and successful sacrifice of the insured?s freight because of shipping peril.

News On General average clause
Bharat Financial Q1 profit seen up 112%, NII may jump 81%: Poll

20-07-2016| Source:CNBC-TV18

Net profit is likely to be at Rs 129 crore during the quarter against Rs 61 crore in same period last year and net interest income may grow to Rs 211 crore from Rs 117 crore, according to average

Mkt to face reality check soon, +ve on pvt banks, IT: Invesco MF  

12-07-2016| Source:CNBC-TV18

Indian equity markets are trading at a 20 percent premium compared to historical averages and a reality check is in order in the form of first quarter earnings, says Vetri Subramaniam, CIO of Invesco

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