It is obvious that it is difficult to define insurable interest in words which will apply in all situations. The matter is further obscured by a difference of opinion or, at the least, emphasis, between the cargo practitioners. On one side there are those who take the view that there has to be some, "legal
"Where the subject-matter insured commences the transit contemplated by this insurance (in accordance with Clause 8.1), but without the knowledge of the Assured or their employees the ship sails for another destination, this insurance will nevertheless be deemed to have attached at commencement of such transit." The new Clause 10.2 does more than neutralize section
Ένα από τα κυριότερα χαρακτηριστικά κάθε σύμβασης θαλάσσιας ασφάλισης, που διέπεται από το αγγλικό δίκαιο, είναι το δικαίωμα του ασφαλιστή να αποφύγει τις υποχρεώσεις του στην περίπτωση που ο ασφαλισμένος απέκρυψε ή παραποίησε ουσιώδη περιστατικά (non-disclosure και misrepresentation). Δεν είναι μάλιστα σπάνιες οι περιπτώσεις όπου οι ασφαλιστές επικαλούνται την απόκρυψη ενός περιστατικού που φαίνεται σχετικά
Ο Ηθικός Κίνδυνος σχετίζεται με τη στάση και τη συμπεριφορά του ανθρώπου και εξετάζει τον τρόπο κατά τον οποίο, η στάση αυτή και η συμπεριφορά μπορούν να επηρεάσουν την επέλευση και τη δριμύτητά του. Είναι δηλαδή συνυφασμένος με την ανθρώπινη φύση και οι πιθανότητες της επέλευσης ή και της δριμύτητάς του, εξαρτώνται από τον χαρακτήρα
When will insurers be estopped from denying coverage on excluded claims? Abstract This article considers when an insurer will be estopped from denying coverage in circumstances where the insured has not entered into a non-waiver agreement and the insurer has not sent the insured a reservation of rights letter. Introduction When a claim is filed
Η ΣΗΜΑΣΙΑ ΤΩΝ ΔΕΣΜΕΥΤΙΚΩΝ ΟΡΩΝ (WARRANTIES). Πριν από περισσότερα από 200 χρόνια, οι ασφαλιστές σε συμβόλαιο πλοίου, όριζαν «αναχωρεί από Λίβερπουλ με 50 ή περισσότερα άτομα». Το πλοίο ''JUNO'' ξεκίνησε με μόνο 46 άτομα. Έφτασε στο Beaumaris 6 ώρες αργότερα και προστέθηκαν 6 άτομα-πλήρωμα. Το πλοίο έτσι συνέχισε με 52 άτομα. Συνέβη μια ζημιά, που
STANDARD TRADING CONDITIONS INTRODUCTION In the days of break-bulk, port-to-port carriage, carriers operated one contract only: the contract of carriage in the bill of lading as this covered all of their activities. With the advent of combined transport the contract of carriage had to be expanded to cover liability during land carriage as well as
(“the George S” case) In 1983 it first came to light that some ship's crews were siphoning off their cargo of crude oil to use as fuel. The practice was the subject of a circular to all governments, issued by the Marine Safety Committee of IMO, warning them of a serious danger to both ships
It will be remembered from Section 33, sub section (3) of M.I.A. 1906 that if a warranty is not exactly complied with, then subject to any express provision in the policy, the insurer is discharged from liability as from the date of the breach, but without prejudice to any liability incurred by him before that
Non-disclosure and Misrepresentation. One of the foundations of contract is the general principle that there is no obligation to speak within the context of negotiations for an ordinary commercial contract. There are countless cases within the principle of caveat emptor in which one party to a contract has, in the course of negotiations, failed to
