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THE PRINCIPLE OF INDEMNITY IN MARINE INSURANCE CONTRACTS

the principle of indemnity in marine insurance contracts
 
 Author(s)                

Kyriaki Noussia
 Publisher
Springer
 Date
2007
 Pages
295
 Format
pdf
 Size
17.2 Mb

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   Marine insurance is considered one of the oldest of the many forms of commercial protection. It as flourished through the establishment of the institution of the "coffee-houses", wherein :underwriting" was being conducted and from where the evolution and dominance of the Lloyd's has stemmed as the world's most famous imsurance market. Marine insurance contracts are special in that they have special characteristics and also because they are contracts of indemnity. This book examines the principles of indemnity within marine insurance contracts. the legal problems related to the principle, in theory and in practice, are discussed and evaluated through the citation and critical analysis of the relevant case law in England as well in some of the most representative common law and continental law jurisdictions, together with an analysis comprising thoughts and proposal on possible extensions, further research options, and a possible future law reform.
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