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| Category |
SHIPPING
ICS
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| Abstract |
MARINE INSURANCE OFFERING FINANCIAL PROTECTION AGAINST MARITIME AND TRANSIT LOSSES, MARINE INSURANCE GIVES THE SHIPPING INDUSTRY THE CONFIDENCE TO TRADE. WITHOUT THE SHELTER TO RISK PRESENTED BY INSURANCE, SHIPPING TRANSACTIONS AND OPERATIONS WOULD BE SEVERELY CURTAILED AS PLAYERS WOULD HAVE TO RELY ON THEIR OWN FUNDS TO COVER INCIDENTS OR DAMAGE. PUBLISHED BY THE INSTITUTE OF CHARTERED SHIPBROKERS, THE LEADING INTERNATIONAL PROVIDER OF PROFESSIONAL QUALIFICATIONS IN THE MARITIME AND SHIPPING INDUSTRY, MARINE INSURANCE DELIVERS A VALUABLE BRIEFING ON THIS IMPORTANT SECTOR. LONDON INSURANCE AND REINSURANCE MARKETS ARE REVIEWED, AS ARE THE ROLE OF THE MARINE INSURANCE BROKER AND LONDON MARKET ASSOCIATIONS, SUCH AS THE INTERNATIONAL UNDERWRITING ASSOCIATION OF LONDON. THE MARINE INSURANCE ACT 1906 IS ANALYSED, ALONG WITH THE PRINCIPLES OF MARINE INSURANCE. THE NUANCES OF PARTICULAR VERSUS GENERAL AVERAGE ARE DETAILED, WHILE INDEMNITY AND THIRD PARTY LIABILITY ALSO FEATURE. LOOKING AT POLICIES, MARINE INSURANCE CONSIDERS FACULTATIVE CARGO INSURANCE, AND CARGO AND TIME CLAUSES IN GREAT DETAIL AND PROVIDES POLICIES AND STANDALONE INSTITUTE CARGO CLAUSES IN FULL FOR A BETTER UNDERSTANDING OF THE COMPLEXITIES INVOLVED. CLAIMS ARE ALSO EXAMINED, WITH THE CONCEPTS OF ACTUAL TOTAL LOSS, CONSTRUCTIVE TOTAL LOSS AND COMPROMISED TOTAL LOSS EXPLAINED IN DETAIL. MARINE INSURANCE - A DETAILED HANDBOOK ON THE FINANCIAL RISK PROTECTOR OF THE SHIPPING BUSINESS.
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| ISBN |
9781908833310
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| Author(s) |
INSTITUTE OF CHARTERED SHIPBROKERS
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| Credits |
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| Edition |
1ST ED.
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| Year |
2013
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| Publisher |
INSTITUTE OF CHARTERED SHIPBROKERS
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| Type |
BOOK
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| Keywords |
SHIPPING,
ICS
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| Language |
English |
| Collation |
249 P., 30 CM.
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