Arnould Law of Marine Insurance and Average

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PRODUCT DESCRIPTION

Arnould Law of Marine Insurance and Average explains the form, contents and construction of marine insurance policies, and the procedures and evidence required in bringing a case.

Features

  • Details the different classes of insurers and the jurisdictions under which they operate.
  • Covers the rights, duties and liabilities of the assured’s agents.
  • Sets out the scope and limits of ‘insurable interests’ and their valuation.
  • Analyses time and voyage policies, and the consequences of change of voyage, deviation and delay.
  • Covers pre-contractual factors such as the principles of the duty of utmost good faith, non-disclosure and misrepresentation.
  • Conversely explains post-contractual duties of good faith, as well as fraudulent claims
  • Explains express and implied warranties.
  • Deals with various types of losses coverable by the policy, covering marine risks, war risks, sue and labour expenses.
  • Compares general average and particular average.
  • Covers actual total loss, constructive total loss, abandonment and subrogation.
  • Analyses principles of reinsurance in the context of marine insurance.
  • Includes the Marine Insurance Act 1906, Marine Insurance Policy Forms and Clauses, the York-Antwerp Rules 2004, the Rules of Practice of the Association of Average Adjusters, and the relevant sections of the Insurance Act 2015 as appendices.