A Handbook to Marine Insurance: Being a Guide to the History, Law and Practice of an Integral Part of Commerce, for the Business Man and the StudentH.F. & G. Witherby, 1924 - 408 pages |
From inside the book
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Page 20
... given the credit for laying the foundation - stone of Britain's eminence in overseas trade . In return for grants of money the Hanseatics by successive monarchs were conferred with many privileges , notably being given the monopoly of ...
... given the credit for laying the foundation - stone of Britain's eminence in overseas trade . In return for grants of money the Hanseatics by successive monarchs were conferred with many privileges , notably being given the monopoly of ...
Page 33
... given a bill at fifteen days ' sight drawn on Lloyd's Committee . On arrival of the bill , with documents annexed , the Committee honour the bill on due date , and collect the amount of the claim from the under- writers . The Committee ...
... given a bill at fifteen days ' sight drawn on Lloyd's Committee . On arrival of the bill , with documents annexed , the Committee honour the bill on due date , and collect the amount of the claim from the under- writers . The Committee ...
Page 38
... given to understand , to personal pique on the part of Nathan Rothschild of the Alliance Marine Insurance Company . As previously indicated , the same interests which were antipathetic to the formation of the first companies also ...
... given to understand , to personal pique on the part of Nathan Rothschild of the Alliance Marine Insurance Company . As previously indicated , the same interests which were antipathetic to the formation of the first companies also ...
Page 41
... given many derisive titles , but was generally known as the " Red Book , " the " Underwriters ' Register " being bound in green leather . The " Shipowners ' Register " initially included but scanty details , the names of master and ...
... given many derisive titles , but was generally known as the " Red Book , " the " Underwriters ' Register " being bound in green leather . The " Shipowners ' Register " initially included but scanty details , the names of master and ...
Page 43
... speculative policies , which question was also dealt with by the Gambling Policies Act of 1909 . Attention must be given to the fact that underwriters were not empowered to re - insure their risks until HISTORY OF MARINE INSURANCE 43.
... speculative policies , which question was also dealt with by the Gambling Policies Act of 1909 . Attention must be given to the fact that underwriters were not empowered to re - insure their risks until HISTORY OF MARINE INSURANCE 43.
Common terms and phrases
adjustment adventure agent agreement amount and/or apply arising assured average act barratry bill of lading bottomry British broker cargo carrier caused cent charter claim clause collision connection constructive total loss contract of affreightment contract of marine cost cover Custom of Lloyd's deducted demurrage discharge effected entitled expenses freight hull incurred insurable interest insured value liability Lloyd's Register London Assurance Corporation loss or damage marine insurance Marine Insurance Company marine policy measure of indemnity ment merchants mortgage mutual clubs navigation owner partial loss particular average parties payable peril insured person policy of marine port of refuge Proposed and Accepted provisions re-insurance reason repairs respect risk sailing sea insurance seaworthy Section ship shipowner shipper stamp duty steamers stranded subject-matter insured subrogation tion tonnage trade transhipment treaty uberrima fides underwriters United Kingdom unless usually valuation valued policy vessel voyage Warranted free York-Antwerp Rules
Popular passages
Page 214 - Touching the adventures and perils which we the assurers are contented to bear and do take upon us in this voyage, they are, of the seas, men-of-war, fire, enemies, pirates, rovers, thieves, jettisons, letters of mart and countermart, surprisals, takings at sea, arrests, restraints and detainments of all Kings, Princes, and People, of what nation, condition, or quality soever...
Page 374 - ... shipped" bill of lading. 8. Any clause, covenant, or agreement in a contract of carriage relieving the carrier or the ship from liability for loss or damage to, or in connection with, goods arising from negligence, fault, or failure in the duties and obligations provided in this article or lessening such liability otherwise than as provided in these Rules, shall be null and void and of no effect.
Page 214 - And so we the assurers are contented, and do hereby promise and bind ourselves each one for his own part, our heirs, executors, and goods to the assured, their executors, administrators, and assigns for the true performance of the premises, confessing ourselves paid the consideration due unto us for this assurance by the assured...
Page 377 - Any agreement so entered into shall have full legal effect: Provided that this article shaIl not apply to ordinary commercial shipments made in the ordinary course of trade...
Page 103 - Subject to the provisions of this section, the assured must disclose to the insurer, before the contract is concluded, every material circumstance which is known to the assured, and the assured is deemed to know every circumstance which, in the ordinary course of business, ought to be known by him.
Page 374 - In any event the carrier and the ship shall be discharged from all liability in respect of loss or damage unless suit is brought within one year after delivery of the goods or the date when the goods should have been delivered.
Page 165 - There is a general average act where any extraordinary sacrifice or expenditure is voluntarily and reasonably made or incurred in time of peril for the purpose of preserving the property imperilled in the common adventure.
Page 146 - ... he is not liable for any loss which is not proximately caused by a peril insured against.
Page 161 - Upon the abandonment of a ship, the insurer thereof is entitled to any freight in course of being earned, and which is earned by her subsequent to the casualty causing the loss, less the expenses of earning it incurred after the casualty; and, where the ship is carrying the owner's goods, the insurer is entitled to a reasonable remuneration for the carriage of them subsequent to the casualty causing the loss.
Page 359 - Damage by Jettison and Sacrifice for the Common Safety Damage done to a ship and cargo, or either of them, by or in consequence of a sacrifice made for the common safety, and by water which goes down a ship's hatches opened or other opening made for the purpose of making a jettison for the common safety, shall be made good as general average.