The Principle of Indemnity in Marine Insurance Contracts

A Comparative Approach

Authors: Noussia, Kyriaki

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About this book

Marine Insurance is considered one of the oldest of the many forms of commercial protection. It has 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 insurance market. Marine insurance contracts are special in that they have special characteristics and also be­ cause they are contracts of indemnity. This book examines the principle of indemnity within marine in­ surance contracts. The legal problems related to the principle, in theory and in practice, are discussed and evaluated through the citation and criti­ cal 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 proposals on possible extensions, fur­ ther research options, and a possible fiiture law reform. The book comprises of six (6) chapters: chapter one (1) discusses the history of marine insurance in England and the policy reasoning behind the enactment of the various English statutes as well as the history, legal framework and the way marine insurance is regulated in the other jurisdic­ tions. Chapter two (2) discusses the concept and importance of insurable interest in relation to indemnity marine insurance contracts and the cove­ rage offered under such contracts both in England and in the other legal systems.

Table of contents (6 chapters)

  • The history and legislative framework of marine insurance

    Pages 1-25

  • Indemnity marine insurance contracts: basic features and cover provided

    Pages 27-87

  • Types of losses in marine insurance contracts

    Pages 89-125

  • Valuation and the measure of indemnity in marine insurance contracts

    Pages 127-214

  • Subrogation rights arising from marine insurance contracts

    Pages 215-244

Buy this book

eBook $179.00
price for USA (gross)
  • ISBN 978-3-540-49074-6
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $229.00
price for USA
  • ISBN 978-3-540-49073-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $229.00
price for USA
  • ISBN 978-3-642-08033-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Principle of Indemnity in Marine Insurance Contracts
Book Subtitle
A Comparative Approach
Authors
Copyright
2007
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-540-49074-6
DOI
10.1007/978-3-540-49074-6
Hardcover ISBN
978-3-540-49073-9
Softcover ISBN
978-3-642-08033-3
Edition Number
1
Number of Pages
XX, 298
Topics