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MBA in Maritime and Shipping Management (Ακαδημαϊκό έτος 2018/2019)

Marine Insurance


Πιστώσεις: 8
Γλώσσα περιεχομένου:Αγγλικά
Περιγραφή μαθήματος
This module is designed to familiarise the students with the operation of the international market for marine insurance. The UK’s Marine Insurance Act 1906 has been adopted in many jurisprudences, and many policies are written on standard wording developed in London by Lloyd’s, marine insurance companies and P&I Clubs. Students will examine the history of marine insurance, the operation of the market and the forms of insurance available to ship owners and cargo owners. The module introduces the basic concepts of marine insurance law, including insurable interest, utmost good faith, the concept of indemnity and its consequences for insurers, as well as conventions concerning insurance cover of international interest, such as removal of wrecks.
Προϋποθέσεις
No prerequisites.
Στόχοι
The course offers a thorough introduction to the history, framework, practice, economics and legal understanding of International Marine Insurance and the objective is to make the students familiar with the necessity of marine insurance and the important part marine insurance plays in shipping as well as having a general knowledge of individual covers and the terminology used. Upon completion of the course, students should be able to identify the insurance needs of the owners and charterers as well as being able to identify relevant covers and the markets available for placing the covers. In addition, they will be able to handle simple insurance claims.
Πρόγραμμα
  1. The history of Marine Insurance, Definitions of commonly used Insurance terms
  2. Rights and duties of the parties when entering into an insurance contract or renewing such, Hull and Machinery insurance
  3. Marine insurance Act, Underwriters (Lloyd’s Underwriters. Institute of London Underwriters)
  4. The Contract (the nature of marine insurance/insurable interest/the duties of an insurance broker/non-disclosure/misrepresentation)
  5. The Policy (introduction/classification of policies/marine risks/the exceptions/warranties)
  6. Hull and Machinery Insurance. Protection and Indemnity Insurance (P & I Clubs). Cargo Insurance 7. Wreck removal convention 2007
  7. Civil Liability Convention 1969/1992 (CLC), and Fund convention 1971/1992
Βιβλίο
  • Susan Hodges, Law of Marine Insurance, Cavendish Publishing Limited, London-Sidney … 2005, ISBN: 9 781859 412275.
  • Institute of Chartered Shipbrokers (ICS), Marine Insurance, 2010/2011 Edition, Witherby Seamanship International Ltd, Uk., ISBN 978 1 85609 371 2.
  • Reference Book of Marine Insurance Clauses, 76th Edition, Witherbys Publishing, 2006-2007, ISBN 13: 978 1 85609 307 1, ISBN 10: 1 85609 307 7.
  • E.R. Hardy Ivamy, Chalmer’s Marine Insurance Act 1906, Butterworths, London 1983, ISBN 0 406 56423 X.
  • Raoul Colinvaux, Arnould’s Law of Marine Insurance and Average, British Shipping Laws, Stevens & Sons, London 1981.
  • Gard, Statutes and Rules 2009, P & I Club.
Εργασίες
Open questions, case studies, problem solving exercises, drafting of an essay.
Περιοχή Καθηγητή
Ο καθηγητής δεν είναι διαθέσιμος
Λίστα μαγνητοσκοπημένων παραδόσεων
George Goutzianas
Athanasios Giannakis
Athanasios Giannakis
Athanasios Giannakis
Markos Botsaris
Athanasios Giannakis
Athanasios Giannakis
Giannis Chatzistamatis