Essays about: "Machinery insurance thesis"

Found 1 essay containing the words Machinery insurance thesis.

  1. 1. Sue and Labour Clause in H&M and P&I Insurances – A Comparative Study of Its Practical Operation and Efficiency

    University essay from Lunds universitet/Juridiska institutionen

    Author : Jekaterina Badejeva; [2010]
    Keywords : Maritime law; Law and Political Science;

    Abstract : Section 78(4) of the Marine Insurance Act 1906 (hereinafter referred to as the “MIA 1906”) imposes a duty on the assured “in all cases to take such measures as may be reasonable for the purpose of averting or minimising a loss”. In addition to this statutory duty, under the most widely used H&M (hull and machinery) forms as well as in accordance with the so-called P&I (protection and indemnity) Club Rule-books (hereinafter referred to as the “P&I Club Rules”) the assured is under a corresponding contractual obligation. READ MORE