The doctrine of uberrimae fidei translated as "utmost good faith," means an insured must make full disclosure of all material facts of which the insured has, or ought to know, even if not asked. The grave consequence of not disclosing all material facts is that the insurer can declare the policy...

In 2017, the majority of the United Kingdom Supreme Court held in its judgment in the Gard Marine and Energy v China National Chartering (The Ocean Victory) case that, in bareboat charters under the "BARECON 89" form, if both the owner and the charterer are jointly insured under a hull policy,...

"As the fall-out of the Ever Given Suez canal blockage shows, an ancient instrument like General Average (GA) is still highly relevant in redistributing risks and costs in maritime trade. However, bar marine insurance, not much is known about the development of tools of maritime risk management...

"This book is an in-depth study of air and ocean goods-in-transit claims. It sets out to guide and assist businesses within the fresh produce industry to successfully implement the best processes and procedures to maximise their recovery efforts against contracted carriers. Fresh Produce...

Spreading the risk : marine insurance as a commercial and financial innovation in Europe up to the eighteenth century -- An entrepôt in the north : Hamburg as a centre of maritime trace and transport -- Depending on the city's commerce : the 'regional' Hamburg insurance market in the eighteenth...

Introduction -- Institutions: Contracts and Legislation -- Trade and Insurance: Routes -- Trade and Insurance: Goods -- Trade and Insurance: Seacraft -- The Premium: Structural Factors -- The Premium: Contingent Factors -- The Florentine Insurance Market Within the European Context -- The Market...

"Unassuming but formidable, American maritime insurers used their position at the pinnacle of global trade to shape the new nation. The international information they gathered and the capital they generated enabled them to play central roles in state building and economic development. Deeply and...

Intro -- Contents -- Foreword to This Edition -- Tables and Charts -- Abbreviations -- Introduction -- 1 Note on Dates, Names and Currencies -- Chapter 1 Institutions: Contracts and Legislation -- Chapter 2 Trade and Insurance: Routes -- Chapter 3 Trade and Insurance: Goods -- Chapter 4 Trade...

Although the costs associated with the international transport and insurance of merchandise trade are an important determinant of the volume and geography of international trade, remarkably little (official) data exist. Combining the largest and most detailed cross-country sample of official...

LPG (Liberalization, Privatization and Globalization) syndrome in economic sector has dominated the economies worldwide for past four decades. This has led to freeing of trade exchanges among nations, with the World Trade Organization (WTO) as latest pattern, organizing and regulating their...

Since its invention in Italy in the fourteenth century, marine insurance has provided merchants with capital protection in times of crisis, thus oiling the gears of trade and commerce. With a focus on customs, laws, and organisational structures, this book reveals the Italian origins of marine...

Marine insurance policy protects the insured the risks encountered in maritime adventure. It commencement is reflected in the policy which specifies the particular date and time. Commencement of risk in marine insurance policy is very crucial. The commencement and duration of risk varies...

This book examines the enormous riskiness of transatlantic trade in 18th century Spain and argues that many of the long-condemned commercial practices were vital accommodations to pervasive risk and uncertainty.