Warranties in Marine Insurance
Cavendish, 2001 - 438 pages
In the law of marine insurance, a warranty is one of the principal undertakings of the assured, which has the role of determining the scope of the insurance contract. When breached, it provides the underwriter with a valuable defence regardless of the existence of a causal link between the brink and the loss. A careful analysis of market practice reveals that marine insurers commonly invoke the breach of warranty defence, and consequently both the assured and the insurer need to be aware of the law on this point. The primary purpose of this book is to review the law in respect of marine insurance warranties and identify existing and potential difficulties in this area.
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