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Marine Insurance Law introduces and clearly explains all topics covered in Master’s-level courses, offering students and those new to the area a comprehensive and accessible overview of this important topic in maritime law.
Observing the general principles of the subject and structure and formation of insurance contracts, this text goes on to look at individual considerations in detail, including: the duty of utmost good faith /fair presentation of the risk, insurable interest, terms of insurance contracts, brokers, the premium, causation and marine perils, losses, sue and labour, subrogation, fraudulent claims and reinsurance. The third edition has been fully updated and expanded to cover additional pre-MIA 1906 cases, as well as the implications of the IA 2015 on the duty of fair presentation of the risk in business insurance and on the remedy for breach of a warranty, the emphasis placed by the UK Supreme Court (especially on the construction of s.55 of the MIA 1906) and the challenges faced in respect of claims for a constructive total loss of the subject matter insured.
This textbook is the ideal companion for any student wishing to study and explore more detailed information on the principles of marine insurance law.
