FIRST SCHEDULE
Regulations 3 (1), 7 and 24
Permitted insurance business
The contracts of insurance which a member of Lloyd’s may enter into under these Regulations are —
(a)direct insurance policies of all types of general class insurance in respect of offshore policies;
(b)reinsurance business of all types of general class insurance in respect of both Singapore policies and offshore policies; and
(c)direct insurance policies of the following classes of business in respect of Singapore policies:
First column
 
Second column
General Heading
 
Specific Type of Business
(a) Aviation
 
(1) Aerial application liability
 
 
(2) Aircraft hull
 
 
(3) Aircraft hull war
 
 
(4) Aircraft liability
 
 
(5) Aircraft loss of use
 
 
(6) Aircraft operators’ and owners’ legal liability
 
 
(7) Aircraft spares and equipment
 
 
(8) Aircraft spares and equipment, including transits
 
 
(9) Aircraft technical records
 
 
(10) Air meet liability
 
 
(11) Aviation products liabilities
 
 
(12) Aviation combined policies (hull and liabilities)
 
 
(13) Aviation personal accident and health
 
 
(14) Aviation premises, hangarkeeper’s, refuelling, airport owners’, contractors’ and operators’ legal liability
 
 
(15) Chemical liability, aviation
 
 
(16) Confiscation risks, aircraft
 
 
(17) Hijacking of hulls of aircraft
 
 
(18) Loss of use, aircraft and hull
 
 
(19) Miscellaneous aviation liability
 
 
(20) Space risk — launch and commissioning period
 
 
(21) Space liability
 
 
(22) Space risk liability, excluding products
 
 
(23) Space risk, transponder operating or otherwise
 
 
(24) War — aircraft
 
 
(25) War — aviation cargo
 
 
 
(b) Energy
 
(1) Atomic (nuclear) Liability
 
 
(2) Atomic (nuclear) Physical Damage
 
 
(3) Energy liability, onshore, claims made
 
 
(4) Energy liability, onshore, all other
 
 
(5) Energy — onshore
 
 
(6) Energy — offshore
 
 
(7) Energy — search and production vessels and offshore property
 
 
(8) Energy — operators extra expenses and control of well
 
 
 
(c) Marine
 
(1) Admiralty guarantee after arrest (care custody and control)
 
 
(2) Admiralty indemnity
 
 
(3) Air cushion vehicles — full conditions
 
 
(4) Air cushion vehicles — total loss only
 
 
(5) Air cushion vehicles — third party liability
 
 
(6) Average disbursements
 
 
(7) Bail (marine)
 
 
(8) Bailee’s liability
 
 
(9) Balancing charges
 
 
(10) Blockage of waterways — marine
 
 
(11) Blockage of waterways — war and/or political
 
 
(12) Break-up risks
 
 
(13) Builders guarantee (ships)
 
 
(14) Bumbershoot and/or umbrella liabilities (marine)
 
 
(15) Charter hire on total loss only conditions
 
 
(16) Charterers’ liability
 
 
(17) Confiscation risks — cargo
 
 
(18) Confiscation risks — vessels
 
 
(19) Containers — whether or not including third party
 
 
(20) Containers — war only
 
 
(21) Container liability
 
 
(22) Container — third party only
 
 
(23) Cost of cleaning up, cost of control
 
 
(24) Difference in conditions (vessels)
 
 
(25) Disbursements and excesses
 
 
(26) Fish farm
 
 
(27) Floating cranes
 
 
(28) Floating docks
 
 
(29) Floating docks, total loss only
 
 
(30) Foul berth
 
 
(31) Freight
 
 
(32) Increase value /excesses
 
 
(33) Interest, total loss only
 
 
(34) Loss of hire — vessels
 
 
(35) Marine legal liability — all other
 
 
(36) Marine legal liability — claims made
 
 
(37) Maritime employers’ liability
 
 
(38) Mortgages additional perils (pollution)
 
 
(39) Mortgages interest, vessels
 
 
(40) Navigation aids service liabilities
 
 
(41) Non-delivery or late delivery of vessels
 
 
(42) Nuclear liability (marine)
 
 
(43) Oil drilling and associated business — oil rigs and platforms, offshore
 
 
(44) Oil drilling and associated business — cost of control
 
 
(45) Oil drilling and associated business — operators extra expense
 
 
(46) Oil rigs, offshore
 
 
(47) Oil rigs, offshore — war
 
 
(48) Oil rigs liability — offshore claims made
 
 
(49) Oil rigs liability — offshore all other
 
 
(50) Oil rigs, total loss only
 
 
(51) Overdues, total loss only
 
 
(52) P&I (Protection and Indemnity)
 
 
(53) Port / Harbour authority liability
 
 
(54) Premiums reducing
 
 
(55) Products liability (marine)
 
 
(56) Properties and structures
 
 
(57) Removal of wreck liability
 
 
(58) Running down clause
 
 
(59) Salvage guarantee
 
 
(60) Salvors’ legal liability
 
 
(61) Second seamen’s
 
 
(62) Seepage and pollution liability, marine all other
 
 
(63) Seepage and pollution liability, marine claims made
 
 
(64) Ships agents’ liability
 
 
(65) Ship breakers’ liability
 
 
(66) Shipbuilders’ risks
 
 
(67) Shipbuilders’ risk — total loss only
 
 
(68) Shipowners’ interests
 
 
(69) Ship repairers’ legal liability
 
 
(70) Stevedores liability
 
 
(71) Strikes demurrage — hull
 
 
(72) Strikes — hull
 
 
(73) Stuffers’ liability
 
 
(74) Terminal operators’ liability — marine
 
 
(75) Third party liability — marine
 
 
(76) Time — hull risks
 
 
(77) Tow, hull and machinery, full conditions
 
 
(78) Tow, hull and machinery, interest total loss only
 
 
(79) Towers and excess towers liability
 
 
(80) Vessels — total loss only
 
 
(81) Vessels — wider conditions
 
 
(82) Vessels — interest
 
 
(83) Vessels — war
 
 
(84) War — marine cargo
 
 
(85) Water quality
 
 
(86) Wharfingers’ liability
 
 
(87) Yachts
 
 
 
(d) Property
 
(1) Agricultural crop and forestry
 
 
(2) Bloodstock
 
 
(3) Contractors’ all risk
 
 
(4) Crops — hail
 
 
(5) Crops — all other
 
 
(6) Engineering all risks
 
 
(7) Farm owners
 
 
(8) Fine arts including antiques, other collectibles
 
 
(9) Forestry
 
 
(10) Furriers block
 
 
(11) General Specie
 
 
(12) Jewellers’ block
 
 
(13) Livestock
 
 
(14) Malicious damage and sabotage
 
 
(15) Paintings
 
 
(16) Terrorism
 
 
(17) Vandalism and malicious mischief
 
 
(18) War cover
 
 
(19) Weather including pluvius
 
 
 
(e) General Liability
 
(1) Accountants’ professional indemnity
 
 
(2) Appraisers’ errors and omissions
 
 
(3) Bankers’ blanket bond
 
 
(4) Boiler and machinery liability
 
 
(5) Claims adjusters’ errors and omissions
 
 
(6) Collection agents’ errors and omissions
 
 
(7) Comprehensive crime
 
 
(8) Computer crime
 
 
(9) Computer fraud
 
 
(10) Cyber insurance
 
 
(11) Directors’ and Officers’ liability
 
 
(12) Doctors’ medical malpractice
 
 
(13) Employment agents’ errors and omissions
 
 
(14) Errors and omissions liability
 
 
(15) False arrest Fidelity
 
 
(16) Fiduciary bond
 
 
(17) Fiduciary liability
 
 
(18) Financial service professional indemnity
 
 
(19) Forgery
 
 
(20) Fraud
 
 
(21) Hospital liability
 
 
(22) Insurance brokers’ and agents’ errors and omissions
 
 
(23) Land surveyors’ errors and omissions
 
 
(24) Lawyers’ professional indemnity
 
 
(25) Medical malpractice
 
 
(26) Patent infringement
 
 
(27) Pension fund theft
 
 
(28) Premium finance company errors and omissions
 
 
(29) Products liability
 
 
(30) Professional indemnity
 
 
(31) Slander
 
 
(32) Stockbrokers’ “in and out” and stockbrokers’ fidelity bond
 
 
 
(f) Goods in Transit
 
(1) Airfreight liability
 
 
(2) Armoured carriers
 
 
(3) Aviation cargo
 
 
(4) Cargo all risks
 
 
(5) Cargo, war
 
 
(6) War on land in respect of goods in transit foreign assets
 
 
(7) Cash in transit
 
 
(8) Confiscation risks — cargo
 
 
(9) Containers
 
 
(10) Difference in conditions
 
 
(11) Goods in transit — own goods
 
 
(12) Goods in transit — legal liability
 
 
(13) Liability for cargo
 
 
(14) Trucking risks
 
 
 
(g) Personal Accident and Sickness
 
(1) Group schemes (in respect of renewal business only)
 
 
(2) Kidnap and Ransom (in respect of Offshore Policies)
 
 
(3) Health (in respect of renewal business only)
 
 
(4) Personal Accident and Sickness (in respect of renewal business only)
 
 
 
(h) Pecuniary Loss
 
(1) Credit
 
 
(2) Cancellation, abandonment and non-performance / non-appearance
 
 
(3) Contingency
 
 
(4) Contingent liability
 
 
(5) Contract frustration indemnity
 
 
(6) Contract frustration excluding war and insolvency
 
 
(7) Contractors’ plant and equipment
 
 
(8) Earthquake
 
 
(9) Extended warranty
 
 
(10) Estate protection
 
 
(11) Financial Guarantee
 
 
(12) Force majeure — contingency
 
 
(13) Force majeure — political
 
 
(14) Force majeure — liquidated damages
 
 
(15) Legal expenses
 
 
(16) Mining Equipment
 
 
(17) Mortgage Indemnity / Guarantee
 
 
(18) Mechanical breakdown
 
 
(19) Personal stop loss
 
 
(20) Political risks
 
 
(21) Prize Indemnity
 
 
(22) Product Recall
 
 
(23) Surety Bonds
 
 
(24) Trade Credit