Effects of Insurance on Maritime Liability Law: A Legal and Economic Analysis

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The book examines how the absence of insurance in the past led to some special maritime liability law principles such as 'general average' (i.e., losses or expenses shared by all the parties to a maritime adventure) and the limitation of shipowners' liability. In the absence of insurance, these principles served the function of insurance mostly for shipowners. As commercial marine insurance is now widely available, these principles have lost their justification and may in fact interfere with the most important goal of ...

Effects of Insurance on Maritime Liability Law: A Legal and Economic Analysis 2016, Springer

ISBN-13: 9783319348995

Softcover Reprint of the Origi edition

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Effects of Insurance on Maritime Liability Law: A Legal and Economic Analysis 2014, Springer International Publishing AG, Cham

ISBN-13: 9783319034874

Hardcover

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