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Insuring Cargoes: A Practical Guide to the Law and Practice 2nd ed

ISBN13: 9781914992452
Previous Edition ISBN: 9781905331956
Published: March 2023
Publisher: Witherby Seamanship International
Country of Publication: UK
Format: Paperback
Price: £225.00

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This 527-page book on cargo insurance contains an exhaustive commentary on the current Institute and trade clauses, important case laws, the Insurance Act 2015, Incoterms Rules 2020, insurable interest and the need for reforms, contingency covers and possible gaps in coverage, a critical look at open covers, etc.

There are two chapters on claims, including proximate/concurrent causes, burden of proof, treatment of rate of exchange fluctuation, higher cost of repairs by OEM, reinstatement of manufacturers’ warranty, TPND, piracy, replacement clauses, etc.

The book offers a practical insight into marine cargo insurance and introduces new ideas and concepts, all of which will go a long way in issuing policies free of ambiguities and ensuring fair outcomes in the case of claims. Every concept is well illustrated with practical examples.

Insurance Law, Shipping, Transport and Maritime Law
Foreword to the 1st Edition
Foreword to the 2nd Edition
Preface to the 2nd Edition
Case Law List
1. Introduction to International Trade and Cargo Insurance
2. Insurable Interest 1
3. Insurable Interest 2 – Contingency Covers
4. Marine Open Cover
5. Insuring Terms 1 – Institute Classification Clause
6. Insuring Terms 2 – Institute Cargo Clauses (A), CL.382, 01.01.09
7. Inherent Vice and Delay Exclusions
8. Insuring Terms 3 – Named Perils
9. Insuring Terms 4 – Trade Clauses
10. Insuring Terms 5 – Cargoes Requiring a Controlled Environment
11. Insuring Terms 6 – Non-Institute Clauses
12. Insuring Terms 7 – War and Related Perils
13. Rejection Risks
14. Contract Certainty in Policies
15. Claims 1
16. Cargo Claims 2 – Widening of Cover Beyond the ‘Physical’
17. Cargo Recoveries
Annex A: Cargo Families
Annex B: Claim Documentation