Page 196 - Liability Insurance IC74

The Insurance Times

However, nuisance does not form part of the law of
negligence. Liability for nuisance may arise in spite of
the fact that the person has taken all possible care. In
fact, generally speaking, the duty on the part of the wrong
doer is absolute and liability arises if damage can be
proved. But in case of negligence, liability arises only
out of failure to exercise that degree of care demanded
by that particular situation. Action for nuisance is
sustainable only when there is actual damage which may
be physical damage to premises or property of another
or interference with the enjoyment of the premises.

(c) Mention methods of Reinsurance adopted in
Liability Insurance.
Ans. Repeat of Q10 of May 2007

Reinsurance protection in liability insurance is self
evident as public liability and employer's liability
insurance may involve heavy potential losses.

Certain public liability insurance have to be compulsorily
insured. The policies have to be renewed from time to
time, so that the policies are in force throughout the
period during which the hazardous substances are
handled. In India, Public and products liability insurance
is protected by 'Excess of Loss' cover arranged by G.I.C

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