Marine Insurance: Law and Practice

Informa Law, December 2004, Pages: 864

Winner of the 2005 BILA book prize, Marine Insurance: Law and Practice has been the most comprehensive integrated account of the English law and practice of marine insurance for nearly a quarter of a century. It provides a fresh review of the modern law in the light of traditional principles and rules of underlying commercial law, and the specific statutory rules of marine insurance as interpreted by case law, as moderated by market practices and standard form marine insurance clauses, in particular the revised International Hull Clauses. The text sets out both to restate the relevant rules and to explain how the different components of the law react with each other.

1. The nature of insurance
2. The subject-matter of insurance
3. Insurable interest
4. Intermediaries
5. Presentation of the risk and utmost good faith
6. The contract
7. Parties
8. The premium
9. Terms of the contract
10. Period of cover
11. Departure of cover
12. Varying cover
13. Insured risks
14. Marine risks
15. Inchmaree risks
16. Liabilities
17. Discord (“War and Strikes”) risks
18. Exclusions
19. Causation
20. Aversion and minimisation of loss
21. Losses
22. Partial losses
23. Total loss
24. Abandonment
25. Quantifying the indemnity
26. Claims
27. Subrogation and recoupment
28. Double insurance and contribution

APPENDICES

1. Marine Insurance Act 1906
2. Marine Insurance (Gambling Policies) Act 1909
3. Third Parties (Rights Against Insurers) Act 1930
4. Marine and Aviation Insurance (War Risks) Act 1952
5. Lloyd’s Marine Policy
6. IUA Marine Policy (IUA1)
7. Institute Cargo Clauses (A) 1/1/82
8. Institute Cargo Clauses (B) 1/1/82
9. Institute Cargo Clauses (C) 1/1/82
10. Institute Time Clauses (Hulls) 1/10/83
11. Institute Voyage Clauses (Hulls) 1/10/83
12. Institute Time Clauses (Freight) 1/10/83
13. Institute Voyage Clauses (Freight) 1/10/83
14. Institute War Clauses (Cargo) 1/1/82
15. Institute Strikes Clauses (Cargo) 1/1/82
16. Institute War and Strikes Clauses – Hulls – Time 1/10/83
17. Institute War and Strikes Clauses – Hulls – Voyage 1/10/83
18. Institute War and Strikes Clauses – Freight – Time 1/10/83
19. Institute War and Strikes Clauses – Freight – Voyage 1/10/83
20. International Hull Clauses 1/10/83
21. Association of Average Adjusters Rules of Practice 1977
22. York-Antwerp Rules 2004

Francis Rose

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