The course gives an introduction to international marine insurance, which is insurance for ships and ships operations.
Marine Insurance law is an intellectually challenging area and of great practical commercial importance as many commercial transactions involve insurance. Marine insurance law is also important because it serves as the foundation not just for the law of marine insurance but also the law of non-marine insurance.
Many insurance law problems particularly those of marine insurance law arise when there are disasters – armed conflict, piracy, terrorism, natural disasters as well as commercial declines.
The course sets out to provide knowledge on laws surrounding marine insurance and practical applications with issues that arise from marine insurance through the context of standard clauses in use and the Marine Insurance Act 1906 and Insurance Contracts Act 1984.