3. Prescribed offshore risks

The following are the prescribed offshore risks for the purposes of section 14O of the Act:

(a)

property risks, including consequential loss risks but excluding non-proportional treaty risks;

(b)

property non-proportional treaty risks, including consequential loss risks;

(c)

marine and aviation hull and liability risks;

(d)

mortgage indemnity risks;

(e)

nuclear, pharmaceutical and pollution risks;

(f)

credit and political risks; and

(g)

financial guarantee risks.

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