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Sinopsis
Navigate the essentials of marine insurance with a practical, results‑driven guide.
This work explains hull, cargo, and general average risk, plus how pricing and claims are handled in real-world shipping markets.
Grounded in the core concepts and rules that shape the field, this edition clarifies how insurers assess risks, how coverage is structured, and how losses are settled. It covers ship and cargo risk, common average and general average, cargo types, and the legal frameworks that govern marine insurance practice.
- Understand the differences between general average and particular average, and how each affects losses and remedies.
- Learn how hull and cargo coverage interact with pricing, risk assessment, and claims handling.
- Explore key rules and concepts that influence marine insurance, including standard practice and historical guidelines.
- Get a clear view of how underwriters, brokers, and shipowners assess and manage risks in practice.
Ideal for students, professionals, and readers seeking a solid, accessible introduction to marine insurance concepts.
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Excerpt from Marine Insurance Its Principles and Practice
Total and constructive total losses. War losses Definition - Constructive Total Loss - Adjustment May be Simple - Assured Must Endeavor to Preserve Property - When Is a Thing Lost? - When Does a Constructive Total Loss Occur - American and English Practice Differs - Abandonment - Tender of Abandon ment - Validity of Abandonment - Tender Must be Promptly Made - Acceptance of Abandonment - Effect of Acceptance Abandonment May be Deferred by Mutual Consent - Assignment Dates from Time of Loss - Abandonment of Vessel Involves Freight - No Abandonment if Loss Not Due to Insured Peril Total and Constructive Total Loss of Vessel - Total Loss of Cargo - Total Loss of Freight - Proximate Cause - War Losses. Missing Vessels - Presumption of Cause of Loss - Perplexing Problems Doubtful Cases - The Right of Subrogation - Salvage - Carrier's Liability - Carriers Slow to Respond for Losses - Benefit of In surance Clauses - Loan Receipts.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Reseña del editor
Excerpt from Marine Insurance Its Principles and Practice
The past four years have witnessed many changes in the commercial life of the United States, not the least of which has been the renaissance of the American Merchant Marine, and with it a marvellous growth in our overseas trade. Shipping, banking and insurance, the trinity of foreign trade, have taken a new lease of life, and American commercial activities are reaching into fields hitherto untouched by purely American enterprise.
This naturally has caused a demand for knowledge concerning these three subjects. New York University, in the foreign trade courses offered in the Wall Street Division of its School of Commerce, Accounts and Finance, has met this demand. It has been my privilege during the past year to lecture before the University on the subject of Marine Insurance. The attendance at these lectures has indicated that a real need exists for nontechnical information in regard to this important, but little known, branch of insurance science.
It therefore seemed fitting that the matter contained in the lectures should be rewritten and published in book form so that it might be available to students, and to shipping men, bankers, merchants and insurance men who require a general knowledge of marine insurance. It is the purpose of this treatise to present the subject in a thorough yet simple form, so that the principles and practice of this necessary element in our over-seas commerce may become more generally known.
I wish to avail myself of this opportunity of expressing my gratitude to many who have taken a helpful interest in the preparation of this work, making special mention of Mr. Herbert F. Eggert and Professor A. Wellington Taylor, for their aid in the revision of the manuscript.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Marine Insurance Its Principles and Practice (Classic Reprint)
Impresión bajo demandaLibrería: Forgotten Books, London, Reino Unido
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Paperback. Condición: New. Print on Demand. This book delves into the fascinating world of marine insurance, tracing its origins back to ancient times and illuminating its evolution over centuries. The author explores the crucial role of marine insurance in the development of global commerce, highlighting how this system of risk management transformed trade practices and facilitated the growth of maritime empires. The book details the contributions of various civilizations, including the Greeks, Romans, and the Hanseatic League, to the early forms of insurance and risk-sharing arrangements. It examines the emergence of insurance as a distinct financial practice, the development of standardized policies, and the growth of prominent institutions like Lloyds of London. The book explores the complexities of marine insurance contracts, including the perils insured against, the concept of insurable interest, and the intricacies of loss adjustment. It also investigates the underwriting process, highlighting the importance of factors like ship design, cargo types, and trade routes in determining premiums. Through its meticulous historical analysis, this book offers a compelling exploration of the significance of marine insurance in shaping global trade and risk management practices. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Nº de ref. del artículo: 9781330599501_0
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Marine Insurance Its Principles and Practice Classic Reprint
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PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781330599501
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Marine Insurance Its Principles and Practice Classic Reprint
Librería: PBShop.store UK, Fairford, GLOS, Reino Unido
Calificación del vendedor: 5 de 5 estrellas
PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781330599501
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