Marine Insurance Law introduces and clearly explains all topics
covered in undergraduate and postgraduate-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, warranties and conditions, 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-Marine Insurance Act 1906
(MIA 1906) cases, as well as the implications of the Insurance Act 2015
on the duty of fair presentation of the risk in business insurance and
on the remedy for breach of a warranty. The reader will also read about
the emphasis placed by the UK Supreme Court 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, which are
especially current at the time the book is being prepared for its
publication.
This textbook is the ideal companion for any student, academic, and
practitioner wishing to study the subject and to explore more detailed
information on the principles of marine insurance law.