Description

One of the most necessary and fundamental forms of insurance within the insurance industry, marine insurance facilitates global trade and ensures economic property. The specialist international marine and transport insurance industry take in some $30 billion in premium each year, and some 15,000 individuals work in the international insurance markets. This book gives you English maritime law and the many articles and clauses that relate to marine insurance. Saffarini includes everything a marine underwriter or claims manager needs to know to do his or her job. The author focuses on cargo and hull insurances and information about reinsurance practices and marine loss adjustment. He outlines the articles of this book, which he calls the bible of marine insurance. He brings insurance law into the modern-day with a comparison of the 1982 and 2009 cargo clauses.