Marine Insurance: Law and Practice, Second Edition, continues to provide the most comprehensive and integrated account of the English law and practice of marine insurance. It provides readers with a fresh and up-to-date review of the modern law in the light of traditional principles and rules of underlying commercial law, and the specific statutory rules of marine insurance as interpreted by case law, as moderated in practice by market practices and standard form marine insurance clauses. Francis Rose clarifies the law’s underlying framework of principles and illustrates how it works in common contractual situations, explaining how the different components of the law interact. The new edition has been updated to incorporate: • the most recent case law: there have been some very important judgments handed down since the book first published, including: The Cendor MOP, The Silva, The Resolute and The Marina Iris • the implications of the introduction of: Institute Cargo Clauses 2009, the effect of the Gambling Act 2005 and the Third Parties (Rights Against Insurers) Act 2010 Law Commission reform proposals The book explores in detail the following areas: • the nature of insurance • insurable interest • the insurance contract • the premium • insured risks • marine risks • exclusions • losses • claims • subrogation • double insurance

Reprint of the only edition. "So far as the work is published the author seems to have exhausted the whole learning on the subject. He has resorted to the best foreign sources of information, and his varied illustration of principles proves that he has left no department of the law of insurance unexplored. His treatise is replete with the soundest views, expressed in a logical manner, and in a glowing, perspicuous, and eloquent style.": James Kent, Commentaries on American Law III:287.

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1845 edition. Excerpt: ... THE LAW AND PRACTICE 0 MARINE INSURANCE. LECTURE I. CONTENTS. 4 1. General design of the work--$ 2. Division of the subject--$ 3. Preliminary topics--Division-- 4. Subjects embraced under head of the formation and execution of the contract--$ 5. Whether the contract must be in writing--$ 6. Various forms of policy--$ 7. Printed forms--$ 8. By whom policy must be signed-- $ 9. Execution of a policy by an incorporated company--$ 10. Constructive delivery sufficient-- 11. Agreements to insure--$ 12. May be effected by letters of correspondence--$ 13. Decision in Massachusetts on the que-iion when an agreement to insure is consummated--v 14. Whether parties bound by an entry in the books of an insurance company--$ 15. Inquiry as to the law in England relative to agreements to insure-- 16. Correction of mistakes in the policy--4 17. In a court of equity an ambiguous policy may be explained by a prior agreement--$ 18. When policy may be rescinded in a court of equity-- $ 19. How far the policy must correspond with a previous agreement-- $ 20. Written words in a policy--$ 21. Memorandum on the back of the policy must be signed--$ 22. Effect of a reference in the policy to other documents-- $ 23. Policy may embrace various subjects--$ 24. Alterations of the policy-- $ 25. Case in illustration-- 26. Effect of alteration by writing in margin-- $ 27. When policy vacated by an unauthorized alteration, assured not entitled to a return of premium--v 28. What alterations by the laws of England require a new stamp--$ 29. Construction of the act of parliament--$ 30. Effect of a change of voyage after inception of risks-- ' 31. Change of the subject insured-- $ 32. Correction of a mistake does not require a new...