Law of Marine Insurance

by Hodges; Susan

• ISBN13: 9781859412275
• ISBN10: 1859412270
• Format: Nonspecific Binding
• Copyright: 1996-04-04
• Publisher: Cavendish Pub Ltd

Summary

This book provides a critical and comprehensive study of the law of marine insurance. The book explores the relationship and interaction between the Marine Insurance Act 1906, the common law and the terms of the Institute Clauses. It examines three main areas: the general principles of a contract of marine insurance; the standard insured perils, and the types of losses recoverable under a marine policy of insurance. The law of marine insurance is a subject which is constantly growing and in recent times a few surprises have been sprung upon the market by judges offering their interpretations of the law. Full coverage is given to recent developments in the law and to well established principles which have engendered controversies and inconsistencies. The focus is on areas which are complex, growing, and controversial. Though written specifically for postgraduate students of law and maritime studies, the book will be useful to any person involved in marine insurance such as arbitrators, adjusters of claims, brokers, in-house lawyers, legal practitioners, marine claims officers, and P I clubs.

Table of Contents

Contract of Indemnity

Insurable Interest

Subject-matter insured

Time and voyage policies

Valued and invalued policies

Utmost good faith, disclosure and representations

warranties

The cause of loss

Marine Risks

Excluded losses

Burden and standard of proof

The Inchmaree clause

3/4ths Collision liability

War and strikes risks

Total loss

Particular average loss

Salvage, general average and sue and labour

Appendices

Table of Contents provided by Publisher. All Rights Reserved.