Under the insurance-interests principle, whether it is really "ware house to ware house" to transport the responsibility time limit of the goods insurer by sea, should depend on different trade terms.

Earlier this month LVMH, a Parisian luxury-goods giant, made off with Bulgari, a Roman jeweller; and French firms have recently had an Italian insurer and power company in their sights.

That is to say, the insurer is liable for all total or partial loss of or damage to the insured goods caused by natural calamities or by sea perils.