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Delay claims (Loss and Expense)

By Tim Tam
Created 28 Apr 2013 - 01:51
Submitted by Tim Tam on Sun, 2013-04-28 01:51

Hudson , Emden and Eichleay Formulae

Which one is more suitable for EOT claims for loss and expense ?

Other than the formulae , are there any other method to calculate, like based on actual ?

I heard Pro-rata prelim claim is not a recognised concept in dealing with loss and expense arising from delays.  

Anyone to advice the approach.

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