Legal Cases

The principle of good faith It must be borne in mind that all contracts are based upon mutuality of understanding and while the assured is entitled to every penny in settlement of an admissible claim, so is the insurer entitled to base his approach to claims on the conditions of the contract. Failing agreement by

Παραγραφή. Απόρριψη αγωγής του υποκατασταθέντος ασφαλιστή Εθνική μεταφορά πραγμάτων πλειόνων παραληπτών (συλλογική μεταφορά) από την Αθήνα στην Πάτρα εφαρμογή του ΕμπΝ. Ασφαλιστική υποκατάσταση. Η εξάμηνη παραγραφή του άρθρου 107 ΕμπΝ δεν συμπληρώνεται κατά την διάταξη του άρθρου 14 παρ. 5 του ν. 2496/1997 «πριν από την παρέλευση έξι 6 μηνών από την υποκατάσταση και εφόσον

DELIVERY WITHOUT PRODUCTION OF BILL OF LADING One of the first things to note in relation to this situation is that, in most circumstances, Ρ & I cover does not operate to protect the carrier in respect of any claim arising out of delivery of goods without production of bill of lading. Clubs will advise

In a liability conscious world indemnities inevitably proliferate and are frequently regarded (often incorrectly) as the answer to every problem. Before offering an indemnity as a solution to a problem an indemnifyor should consider carefully the wording of the indemnity and the exposure to liability that this precipitates. Equally the indemnified should bear in mind

There is a misconception quite widely held that double insurance is in itself illegal.   Firstly, we shall look at the circumstances where double insurance may arise innocently or unknowingly.   Secondly, we shall review those circumstances where double insurance is arranged deliberately for perfectly proper reasons.   Thirdly, there are the cases where the

Θαλάσσια Ασφάλιση Ένα από τα κυριότερα χαρακτηριστικά κάθε σύμβασης θαλάσσιας ασφάλισης, που διέπεται από τo αγγλικό δίκαιο, είναι το δικαίωμα του ασφαλιστή να αποφύγει τις υποχρεώσεις του στην περίπτωση που ο ασφαλισμένος απέκρυψε ή παραποίησε ουσιώδη περιστατικά (non-disclosure and misrepresentation). Δεν είναι μάλιστα σπάνιες οι περιπτώσεις όπου οι ασφαλιστές επικαλούνται την απόκρυψη ενός περιστατικού που

SECURITY AND INSURANCE OF MARITIME CREDITORS I. Insurance of maritime claims 1. Insurance as a secondary means of securing maritime claims Securing claims originating from the operation of merchant ship i.e. maritime claims is not of course less important than the availability of the claim itself. The right granted must be accompanied by a certain

ΕΞΑΣΦΑΛΙΣΗ ΚΑΙ ΑΣΦΑΛΙΣΗ ΤΩΝ ΝΑΥΤΙΚΩΝ ΔΑΝΕΙΣΤΩΝ I. Ασφάλιση των ναυτικών απαιτήσεων 1.      Η ασφάλιση ως συμπληρωματικό μέσο εξασφάλισης των ναυτικών απαιτήσεων α.   Η εξασφάλιση των απαιτήσεων που γεννώνται από τη δραστηριότητα του πλοίου, αυτών που ονομάζουμε συνοπτικά ναυτικών απαιτήσεων, δεν είναι ασφαλώς μικρότερης σημασίας από τη θέσπιση του δικαιώματος που γεννά την απαίτηση . Η

Proximate Cause The most important section of the policy wording is that stating the perils insured against. It would be simple indeed to deal with most claims if all marine insurance policies were issued on comprehensive terms. However, the scope of cover afforded by various policies can differ extensively. It can be appreciated, therefore, that

THE SCENE In this case, the insured shipment comprised readymade garments, which were sold by a shipper in Europe to a buyer in USA. The goods were sold on a “CIF” (Cost Insurance and Freight) basis. Freight was pre-paid and insurance was taken out by the shipper in Europe. Ten separate Certificates of Insurance were