Arnould Law of Marine Insurance and Average, 20th Ed | 2021


Arnould Law of Marine Insurance and Average, 20th Ed | 2021

Author Jonathan Gilman, Claire Blanchard, Mark Templeman, Neil Hart, Philippa Hopkins
Publication Date July 2021
ISBN 9780414087170
Format Hardcover
Publisher Sweet & Maxwell


The structure, terms, and elements of marine insurance policies are described in Arnould's Law of Marine Insurance and Average, along with the steps and supporting documentation needed to file a claim.

Updated for this edition:

  • Significant revisions have been made to Chapters 4 (Regulation) and 6 (Jurisdiction and Applicable Law) to address the situation following Brexit (insofar as that situation is still undecided).
  • Numerous judgements rendered after the last supplement are also addressed, including:
    • ABN Amro Bank NV v Royal and Sun Alliance Insurance plc;
    • Delta Petroleum Caribbean Ltd v BVI Electricity Corp (SC);
    • Acorn Finance v Markel;
    • Alize 1954 and CMA CGM v Allianz (CA);
    • Stoffel v Grondona (SC); and
    • Herculito Maritime Ltd v Gunvor International BV.

TABLE OF CONTENTS Of Arnould Law of Marine Insurance

1. The Contract of Marine Insurance Generally
2. Forms and Contents of Marine Policies
3. The Construction of Marine Policies
4. Classes of Marine Insurers
5. Jurisdiction and Applicable Law
6. The Premium: Payment and Return
7. The Assured's Agents: Rights, Duties and Liabilities
8. Persons Who May Claim on the Policy
9. Floating Policies and Open Covers
10. The Subjects of Marine Insurance
11. Insurable Interest
12. Valuation of Insurable Interests
13. Duration of Risk: Time Policies and Voyage Policies
14. Change of Voyage, Deviation and Delay
15. The Pre-contractual Duty of Utmost Good Faith: General Principles
16. Non-disclosure
17. Misrepresentation
18. The Post-contractual Duty of Utmost Good Faith and Fraudulent Claims
18A The Consumer Insurance Act 2012
18B The Insurance Act 2015
19. Express Warranties
20. Implied Warranties: Seaworthiness
20A Contracting Out of the Insurance Act 2015 Regime
21. Illegality of the Risk
22. Losses Covered by the Policy: General Principles
23. Marine Risks
24. War Risks
25. Sue and Labour Expenses
26. General Average
27. Particular Average
28. Actual Total Loss
29. Constructive Total Loss
30. Abandonment
31. Subrogation
32. Double Insurance and Contribution
33. Reinsurance

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