05.08.2017
WARRANTIES IN MARINE INSURANCE

The role of warranties in marine insurance has sparked debate in recent years and there have been calls for reform of this area of the law. This book sets out the current law on marine insurance warranties. It further looks at the position on warranties through the wider perspective of how the defence of breach of warranty fits into the scheme of the other major defences the marine insurer may have under a marine policy.

Whether there is any justification for calls for reform is then considered. The law in other jurisdictions is assessed, before specific proposals for possible reforms are set out. At a time when there is a flurry of cases in the English courts on warranties, when the CMI is considering the law on marine insurance and other marine insurance markets may be growing at the expense of the London market, it would be well for all those involved in the London marine insurance market to consider the points made in this eminently readable and thought provoking book.

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30.07.2017
MARINE INSURANCE FRAUD

One of the main objectives of this monograph by Michael Ford, one of the world recognized exerts in the field of marine insurance, was to provide readers with a very comprehensive legal analysis of two aspects. The first is the impact that the marine insurance fraud has on the position of various involved parties to a contract of marine insurance, while the second is the cover that is provided by standard policies.

That is why the author of the present volume has divided it into two parts. The first part of the book is dedicated to the analysis of the impact of insurance fraud that is committed b a parties to the contract, i.e. the assured, insurers and brokers. The part two of the book, in turn, is mainly dealing with the analysis of the extent to which the dishonest activities of third parties to a contract (for example, ship crew members or even pirates) is actually covered by the existing standard marine policies.

Note that this volume was initially designed to offer readers a thorough analysis on frauds and that is why the author believes that it shall also discuss all above stated matters. Though the existing marine policies provide some cover against the fraudulent activity of third parties, it shall definitely be taken into account that the relationship between the insured risks and excluded perils could be quite difficult to ascertain...

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30.07.2017
MARINE INSURANCE CLAUSES

In the very first release of this world popular publication on marine insurance it's authors celebrated the introduction of the newly presented set of relevant policy forms covering the cargoes worldwide. In fact, they wee actually designed as stand-alone documents. Subsequent editions of the book have been published to keep it updated with the numerous additions and changes to the marine insurance clauses.

This latest edition of the volume is aimed to bring the readers up-to-date with the today's complex and confusing variations in the  policy conditions. The content of the book has been arranged in five major parts, the first part being pure introductory. the part two is dedicated to the marine cargo forms - it starts with some historical perspective and covers all cargo clauses including the restricted perils and particular commodities, as well as occasional/additional clauses. The third part is dealing with the marine hull forms and covers all associated clauses.

The next part of the book addresses the additional insurances available for the ship owners and covers excess liabilities, extended conditions, freight insurance and other aspects. Finally, the closing part deals with the war and strikes risks forms. Definitely must have one for the marine insurance professionals.

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