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Marine Insurance: Law and Practice, 2nd Edition

Marine Insurance: Law and Practice, 2nd Edition

Author: Francis Rose
Publisher: Informa Law
ISBN: 9781843119517
Published In: June 2012
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

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The new edition has been updated to incorporate:

• the most recent case law, including important judgments such as: The Cendor MOP, The WD Fairway, The Bunga Melati Dua, The Silva, The Resolute and The Marina Iris.
• the implications of the introduction of: Institute Cargo Clauses 2009, the effect of the Gambling Act 2005 and the Third Parties (Rights Against Insurers) Act 2010 Law Commission's extensive and ambitious reform proposals.

This second edition will now form part of the prestigious Lloyd's Shipping Law Library, and is widely recognised as one of the leading works in the area.

Previous edition winner of British Insurance Law Association book prize

Alison Green, the Chairman of the Trustees of the BILA Charitable Trust said, as she awarded the BILA Book Prize to Francis:
“This textbook is a welcome addition to the texts on marine insurance law as it combines in one volume all the areas which a practitioner or student of marine insurance law needs to know. It is written in a very readable style, which makes it readily approachable for those unfamiliar with this topic. It combines an academic's insight into the law with a modern and practical approach to problems that frequently beset marine insurance. This book richly deserves to be the winner of the annual BILA book prize"
This second edition will now form part of the prestigious Lloyd’s Shipping Law Library, and is widely recognised as one of the leading works in the area, worthy to sit alongside other core texts such as Time Charters and Voyage Charters.

Authoritative and trusted by lawyers worldwide, this book is a must have for all those involved in the marine insurance field.

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 is a graduate of the University of Oxford, holds a PhD from the University of London, and is a barrister and associate of chambers at Quadrant Chambers. He joined University of Bristol Law School in January 2000, having previously been Professor of Commercial and Common Law at the University of Buckingham, and before that, a Fellow of St John's College, Cambridge. He was the Director of the Norton Rose Centre of Commercial Law within the Bristol Law Faculty from 2000-2005. He was the inaugural Sections Secretary of the Society of Public Teachers of Law and is Convener of the Society of Legal Scholars Restitution Section.

Francis is General Editor of Lloyd's Maritime and Commercial Law Quarterly and has been doing this role for us for 25 years now. He has published widely in the areas of commercial law, particularly maritime law and international trade law, including the following major works: FD Rose, Marine Insurance: Law and Practice (2004, Informa); FD Rose, General Average: Law and Practice (2nd edition, 2005, Informa); and FD Rose, Kennedy and Rose: The Law of Salvage (7th edition, 2009, Sweet & Maxwell ).