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Information_Schaden-_Forderungsmanagement_e.pdf
Pre-Loss Management SERV’s loss management begins in the pre-loss phase. Accordingly, a distinction is drawn be- tween pre-loss management and the actual handling of losses. The aim of pre-loss management [...] com The basis for loss management are art. 17 to 19 SERVG and art. 17 SERV-V. These provisions lay down the rights and obligations of policyholders and of SERV in the event of a loss. They are sup- plemented [...] management is to avoid the occurrence of loss or to reduce its scope in close cooperation with all parties involved through corresponding measures. If there is a loss, SERV processes indemnification applications
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Information_Schaeden_e.pdf
under the applicable law if a loss oc- curs (it may help to obtain legal opinions when meeting registration obligations, for example); – that provisions are made to avoid losses, e.g. – in the choice of payment [...] insured event occurs. The policyholder, in other words, bears the documen- tation risk. Imminent loss A loss is assumed to be imminent if the foreign party or a jointly liable third party materially breach- [...] 's main duties in case of an imminent loss are to: – continue to take all reasonable measures, according to prevailing circumstances, to mitigate or prevent loss; – notify SERV in writing without delay
circumstances become necessary to avoid a loss. Art. 17 Indemnification 1 If a defaulted debt or a loss is reported, SERV will pay the portion of the proven loss or arrears as set out in the insurance.7 [...] deliveries and services to another country (export transactions) against payment arrears or other losses from claims against sovereign or private debtors. 2 In an ordinance, the Federal Council determines [...] moratoriums; c) force majeure; d) the payment risk, if the policyholder also insures the risks of loss pursuant to letters a to c with SERV; e) 5counter guarantee risks; f) foreign currency risks in insured
transfer of claims and rights, the Losses and claims 7 LOSSES AND CLAIMS SERV COMPACT 34 policy holder remains obliged to launch recourse proceedings, realisation and loss mitiga- tion measures. Special [...] ser_upload/files/Praemien/SERV_Praemienreglement_2023_e.pdf SERV COMPACT 32 Losses and claims7 33 SERV COMPACT Imminent loss If a debtor violates fundamental obligations or if circumstances lead to a higher [...] ion, undertaking and anti-corruption. Handling of losses The policyholder must take a variety of necessary and appropriate measures to mitigate a loss. These include capitalisation of securities (guarantees
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Informationsflyer_SERV_e.pdf
insure your production costs during the production phase. You will therefore be protected against losses if the occurrence of an insured risk makes it impossible to continue manufacturing or dispatch the
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Information_Korruptionspraevention_e.pdf
with the seriousness of the offence, the seriousness of the organisational inadequacies and of the loss or damage caused, and based on the economic ability of the undertaking to pay the fine. 4 Undertakings [...] 20 through incorrect or incomplete information; c) fail to comply with their obligations to avoid losses pursuant to Article 16 paragraph 2; d) fail to comply with their obligations to support SERV in the
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OECD-Arrangement_on_officially_supported_export_credits_e.pdf
............................................................. 11 16. ACTION TO AVOID OR MINIMISE LOSSES .............................................................. 11 17. MATCHING.................. [...] ............................................................. 57 7. ACTIONS TO AVOID OR MINIMISE LOSSES ..................................................................... 57 PART 2: NEW AIRCRAFT .. [...] fixed for a period exceeding six months prior to final commitment. 16. ACTION TO AVOID OR MINIMISE LOSSES The Arrangement does not prevent export credit authorities or financing institutions from agreeing
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SERV-Verordnung_e.pdf
time limit pursuant to paragraph 1, claims against SERV are forfeited. 3 If there is a possibility of loss avoidance or mitigation restructuring, SERV may retroactively in- sure additional risks, especially