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Journal articles on the topic 'Marine Insurace'

Author: Grafiati

Published: 4 June 2021

Last updated: 29 July 2025

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1

Cao, Shuo. "The Evolution of Insurable Interest in Law and Practice: A Comparative Analysis of Marine and Life Insurance." Law and Economy 4, no. 2 (2025): 44–50. https://doi.org/10.56397/le.2025.02.06.

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Practically, it is widely believed that before the 18th century, the law was silent on the relationship between the insured and the subject matter insured. This results in the insured, who has nothing to do with the subject matter insured, gambling in the name of insurance for profit. It was common for the people who seemingly did not have any interests in the property likes of ship or cargo to try to obtain the proceeds of insurance by way of the insurance. In life insurance, it was even possible for people to insure the lives of public high-profile figures. If they succeed, they can make a l

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2

Belykh, Vladimir. "Insurance interest under the law of England." Bulletin of the Karaganda University. “Law" Series 30, no. 1 (117) (2025): 98–105. https://doi.org/10.31489/2025l1/98-105.

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The article is devoted to one of the elements of the insurance contract. The author notes that the doctrine of insurable interest was developed in England in the middle of the 18th century. The classic definition of insur-able interest in property insurance is contained in a court judgment. Initially, insurable interest was an “eco-nomic interest” — a real and expected possibility of property damage due to an insured event. It was first leg-islated in the Marine Insurance Act of 1745. In the 20th century, the Marine Insurance Act of 1745 was re-placed by the Marine Insurance Act of 1906. A new

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3

Bazvand, Aboutaleb. "The Principle of Indemnity in Valued Marine Policies." European Journal of Multidisciplinary Studies 3, no. 1 (2016): 55. http://dx.doi.org/10.26417/ejms.v3i1.p55-62.

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To consider people are encountering many perils that threat their health, life and property as such people interested to insure their belonging and get rid of risk and danger to live and work tranquility. As stated that marine insurance is the oldest branch of insurance and now days most of trade is by sea transportation and economic of countries are rely on export and import which are strongly depend on marine insurance, because the marine insurance plays an important role in the world and has high position. And how marine insurance includes the loss and which losses are not included consider

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4

Iryna, Panchenko, and Stovba Tetiana. "Modern practice of implementing marketing and sales activities of agricultural enterprises: strategic and innovative aspects." Actual problems of innovative economy and law 2025, no. 1 (2025): 87–92. https://doi.org/10.36887/2524-0455-2025-1-22.

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The article explores key aspects of marine risk insurance as an integral element of risk management in maritime transport and trade. It reveals the nature and categories of marine risks, highlighting the significance of insurance in protecting the interests of shipowners, cargo owners, and other participants in maritime activities. It examines the main categories of insurance: hull insurance, cargo insurance, liability insurance for shipowners, freight insurance, and loss of profit insurance. The primary legal aspects of marine insurance regulation are analyzed through national legislation and

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5

Denzel, Markus A. "Die Hamburger Seeversicherung vom 17. bis zur Mitte des 19. Jahrhunderts." Zeitschrift für Unternehmensgeschichte 65, no. 2 (2020): 281–304. http://dx.doi.org/10.1515/zug-2019-0031.

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AbstractHamburg’s marine insurance from the 17th to the middle of the 19th centuryIn the eighteenth century, Hamburg emerged as the third-most important marine insurance market in North-West Europe, after Amsterdam and London, with an impact in the entire Baltic Sea area, but partially in ports along the Atlantic coast and in the Mediterranean as well. On the basis of selected examples this contribution outlines the long-term development of marine insurance rates and explains how and why it gradually became less and less expensive to insure ships and goods in maritime transport. At the same ti

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6

Nguyen, Zen Nguyen. "The Actual Situation of the Insurance Business for Import and Export Goods Transported by the Sea at Insurance Enterprises in Vietnams." INTERNATIONAL JOURNAL OF MULTIDISCIPLINARY RESEARCH AND ANALYSIS 06, no. 07 (2023): 3174–79. https://doi.org/10.5281/zenodo.8175443.

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To assess the current situation of the insurance business of import and export goods transported by sea at insurance enterprises in Vietnam. The author has used two research methods, namely the methodology and the meta-analysis method, to solve the research problems. Accordingly, the article has presented the theoretical basis for the insurance business of import and export goods transported by sea, the role, risks, losses, and insurance conditions of this service. Based on business data of insurance business for import and export goods transported by sea, the author has evaluated and analyzed

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7

Xue, Yuemei, Lili Ding, and Kee-hung Lai. "Designing Subsidy Scheme for Marine Disaster Index Insurance in China." Journal of Marine Science and Engineering 10, no. 10 (2022): 1552. http://dx.doi.org/10.3390/jmse10101552.

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Designing an optimal subsidy scheme for marine disaster index insurance (MDII) for households in coastal areas of China remains a managerial challenge. The issue of subsidies for disaster insurance has received extensive research attention, but extant studies are confined to the issue of whether to subsidize, lacking focus on how and how much to subsidize. In the existing marine disaster index insurance pilots in China, there are varying levels and scales of subsidies in spite of premium subsidies. To design an optimal subsidy scheme for marine disaster index insurance in China, this paper pro

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8

Proctor, N. C. "Marine Insurance." Maritime Policy & Management 12, no. 1 (1985): 61–69. http://dx.doi.org/10.1080/03088838500000020.

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9

Launie, J. J., Arthur E. Brunck, Victor P. Simone, and C. Arthur Williams. "Ocean Marine Insurance." Journal of Risk and Insurance 59, no. 1 (1992): 155. http://dx.doi.org/10.2307/253224.

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10

Zulkifli, Suhaila, Stefanie Stefanie, Margareth Christiana Philip, and Josua Hasiholan Purba. "ANALISIS YURIDIS TERHADAP PENERAPAN PRINSIP INDEMNITY DAN INSURABLE INTEREST PADA ASURANSI KEBAKARAN DI PT. ASURANSI TOKIO MARINE." Legal Standing : Jurnal Ilmu Hukum 6, no. 1 (2022): 98. http://dx.doi.org/10.24269/ls.v6i1.5040.

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Fire Insurance protects against the danger of property loss or damage. Parties with an interest in the insured object accept the risk of loss. Indemnity (or the principle of loss) plays a role in ensuring equitable compensation. Subrogation will apply against the insured to ensure that the insurance policy runs properly and without loss between the insurer and the insured. The goal of this study is to discuss and explain the Indemnity Principles and Insurable Interest in relation with Fire Insurance. The descriptive qualitative method was employed in the research. Primary and secondary sources

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11

John, Pius*1 Dr. M. Sekar2. "An Empirical Analysis of Marine Cargo Insurance – A Study on Customer's Perspective." International Journal of Scientific Research and Technology 2, no. 3 (2025): 421–25. https://doi.org/10.5281/zenodo.15075657.

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This study explores perceptions of marine cargo insurance among diverse stakeholders, using a sample of 40 respondents. Data collection via structured questionnaires focused on organizational types, experience levels, awareness of insurance terms, satisfaction with insurer communication, and attitudes towards technology in insurance processes. Descriptive analysis revealed a consensus on the essentiality of marine insurance and the importance of technology for transparency and efficiency. The findings highlight a proactive risk management approach in addressing catastrophic events and operatio

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12

Rani, Marnia. "The Choice of Law Issues in Marine Insurance Disputes Resolution in Indonesia." FIAT JUSTISIA:Jurnal Ilmu Hukum 11, no. 2 (2018): 97. http://dx.doi.org/10.25041/fiatjustisia.v11no2.938.

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Marine insurance business in Indonesia such as marine hull and machinery insurance and cargo insurance are subject to applicable laws and practices in the United Kingdom. Although Indonesia already has marine insurance law which is regulated in Wetboek van Koophandel, in fact, this business subject to English Law and Practice. The choice of law is listed in the insurance policy. Submission of the law and practice in the UK raises the issue for the parties in the insurance contract, between Insurer and Insured. Although the principle of the contract is a law for those who make it, in practice,

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13

Kajwang, Ben. "ROLE OF MARINE INSURANCE ON MARINE TRADE GROWTH: A CRITIQUE OF LITERATURE." Journal of Strategic Management 7, no. 2 (2022): 49–58. http://dx.doi.org/10.47672/jsm.1134.

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Purpose: Marine insurance is a form of civil contract in which the insurer makes the promise, in exchange for the insurance payment, to the insured person in whose favor the contract was established to compensate them for any losses they may have had as a result of the occurrence of hazards or accidents. The goal of the study is to determine the role of marine insurance on marine trade growth. Methodology: This was accomplished through the use of a desktop literature review. The use of Google Scholar was utilized in order to locate seminal references and journal articles that were pertin

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14

Safari, Fariborz. "Analysis of the Effects and Reasons for Accepting ‎and Opposing Compulsory Insurance for Marine ‎Pollution." Journal Of Researches Energy Law Studies 8, no. 1 (2022): 135–53. https://doi.org/10.22059/jrels.2023.344653.499.

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The principle of prompt, adequate and effective compensation for marine pollution damages has always faced many challenges in the field of marine transportation. One of these challenges is to guarantee the compensation for probable catastrophic losses through a unified system of international compulsory insurance. Compulsory insurance in the framework of an international legal system of civil liability for marine pollution has received some oppositions by some countries, including the United States. On the other hand, many countries have presented many reasons for developing compulsory insuran

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15

Hill, Michael A. "Marine Insurance – Legal Sleeping Dogs." Maritime Studies 2004, no. 138 (2004): 20–22. http://dx.doi.org/10.1080/07266472.2004.10878755.

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16

Panayiotopoulos, J. C., and M. Pazarzis. "Marine Insurance with Expert Systems." Operational Research 7, no. 1 (2007): 137–45. http://dx.doi.org/10.1007/bf02941190.

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17

Alizada, Tahmina. "FUNDAMENTAL PRINCIPLES OF MARINE INSURANCE." ANCIENT LAND 3, no. 2 (2021): 56–58. http://dx.doi.org/10.36719/2706-6185/04/56-58.

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18

Gliha, Dino. "Piracy in light of marine insurance law with a view of ransom payments." Zbornik Pravnog fakulteta Sveučilišta u Rijeci 39, no. 2 (2018): 833–56. http://dx.doi.org/10.30925/zpfsr.39.2.5.

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After the 2008 Somali attacks, piracy has gained significant popularity among scholars. However, despite lots of ongoing debates and written papers in the last decade, some crucial issues have been left unresolved, starting from the definition of piracy. When discussing piracy within the context of marine insurance, certain specific characteristics of marine insurance law should be taken into consideration. Namely, international law definition, criminal law definition and other definitions of piracy cannot properly satisfy the need of marine insurance law. After the proper understanding of pir

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19

Mukhti Mukhti. "MARINE ACCIDENT INSURANCE AGREEMENT FOR SHIP PASSENGERS." LITERACY : International Scientific Journals of Social, Education, Humanities 2, no. 1 (2023): 228–35. http://dx.doi.org/10.56910/literacy.v2i1.613.

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Legal regulation of accident insurance agreement at sea for ship passengers Article 3 of Law No. 2 of 1992 on insurance business. Implementing the accident insurance agreement at sea for passengers of ships is the implementation of the rights and obligations of the parties to the insurance agreement. Factors that become obstacles to the examination of the accident insurance agreement at sea for passengers on ships are late or inappropriate premium payments, reporting claims that exceed the period due to events that are not guaranteed in the policy, the insured cannot complete the required clai

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20

Ababneh, Mahmoud. "Analyzing the New Institute Cargo Insurance Clauses of 2009 and its Harmonization with the Arabic Marine Insurance Legislations." مجلة الحقوق 39, no. 3 (2024): 1–36. http://dx.doi.org/10.34120/jol.v39i3.3261.

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The aim of this paper is to discuss in details the new changes in the marine cargo insurance in particular and the new editions of the Institute Cargo Clauses of 2009 known as (l.C.C clauses) in comparison with the old editions of the 1982 clauses. The old clauses at that time were a radical change in the world of marine cargo insurance. The paper examines briefly the reasons behind the change that occurred in 1982 to better understand the recent changes of 2009. The paper also investigates the aims behind the 2009 changes carried out by the Institute of London Underwriters. This paper will al

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21

Machuska, I. B., S. B. Nedilchenko, I. V. Argatiuk, I. P. Leshchenko, and V. V. Burliy. "Historical and legal foundations of the development of insurance in the Republic of Italy: theoretical and legal analysis." Analytical and Comparative Jurisprudence, no. 2 (May 11, 2024): 220–25. http://dx.doi.org/10.24144/2788-6018.2024.02.38.

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The article examines the historical and legal aspects of the development of insurance and the legal regulation of insurance relations in Italy. It is noted that the foundations of insurance relations and their legal regulation were observed in many countries of modern Europe, including Italy. It has been investigated that the first forms of insurance in Italy were observed as early as the times of the Roman Empire in the form of activities of religious societies and military colleges. It has been proven that the initial forms of insurance in the Roman Empire were built on the basis of the comm

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22

Han, Chang-Hee. "Sewol Sea Accident and Marine Insurance." Korean Insurance Journal 104 (October 31, 2015): 103–34. http://dx.doi.org/10.17342/kij.2015.104.4.

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23

OLTEAN, Ioana Roxana. "An introduction to marine insurance history." Analele Universitării din București Drept - Forum Juridic 1, no. 2024 (2024): 34–46. https://doi.org/10.31178/aubd-fj.2024.1.03.

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This article aims to familiarize the reader with an introduction to maritime insurance, more specifically in its history. The concept is a tangible law institution that combines both a historical perspective and the development of society. The subject of study imposes a multidisciplinary approach, from an international public law perspective with specific annotations regarding international commercial law.

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24

OLTEAN, Ioana Roxana. "An introduction to marine insurance history." Analele Universitării din București Drept - Forum Juridic 1, no. 2024 (2024): 34–46. https://doi.org/10.31178/aubd-fj.2024.01.03.

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This article aims to familiarize the reader with an introduction to maritime insurance, more specifically in its history. The concept is a tangible law institution that combines both a historical perspective and the development of society. The subject of study imposes a multidisciplinary approach, from an international public law perspective with specific annotations regarding international commercial law.

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25

Forte, A. D. M. "Marine Insurance and Risk Distribution in Scotland Before 1800." Law and History Review 5, no. 2 (1987): 393–412. http://dx.doi.org/10.2307/743892.

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This paper is an account of the development of marine insurance in Scotland. The topic has not been previously investigated by either legal or economic historians. While providing a general history of the development of insurance, this paper will also undertake three more specific tasks, (1) to increase knowledge about the use of marine insurance during this time, particularly during the period 1700–1750; (2) to explain why insurance was not commonly used by merchants during the seventeenth century; and (3) to correct one very serious and misleading error relating to the chronology of developm

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26

Han, Hongyun, and Ye Jiang. "Systemic Risks of Climate Events and Households’ Participation in Mariculture Mutual Insurance: A Case Study of Shrimp Producers in Zhejiang Province." Sustainability 11, no. 4 (2019): 1164. http://dx.doi.org/10.3390/su11041164.

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Mariculture is playing an important role in food safety, acting as strong complement to marine fishery. As a typical capital intensive and high-risk sector, mariculture mutual insurance is important for ensuring the stability and sustainability of mariculture due to the inertia of private insurance, it is necessary to examine factors for low household participation in marine fishery mutual insurance to promote the healthy development of marine insurance. Based on the field surveyed data of mariculture shrimp producers in Zhejiang Province, this study aims to examine the determinants underlying

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27

Obentey, Austin Amawei, and Dominion Okalizibe Odeke. "Marine and Aviation Insurance and its Effect on the Growth of the Nigerian Economy." African Journal of Management and Business Research 18, no. 1 (2025): 68–89. https://doi.org/10.62154/ajmbr.2025.018.010598.

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This study investigates the relationship between marine and aviation insurance and the growth of the Nigerian economy from 1998 to 2023. Using an ex-post facto research design, the study analyzed time-series data obtained from credible sources such as the Central Bank of Nigeria (CBN), Insurance Digest, and National Insurance Commission (NAICOM). The research aimed to examine the effects of Marine and Aviation Gross Premium, Net Premium, Gross Claims Paid, and Net Claims Paid on economic growth. The study employed statistical tools such as Descriptive Statistics, Augmented Dickey-Fuller Unit R

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28

Crothers, A. Glenn. "Commercial Risk and Capital Formation in Early America: Virginia Merchants and the Rise of American Marine Insurance, 1750–1815." Business History Review 78, no. 4 (2004): 607–33. http://dx.doi.org/10.2307/25096951.

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In the late eighteenth century, northern Virginia's grain-based slave economy prompted a thriving but risky overseas trade. The merchants who conducted this trade sought to manage their risks by purchasing marine insurance, initially from British and northern U.S. sources. After the American Revolution, however, the expense and inconvenience of obtaining insurance abroad prompted merchants to create local institutions modeled on northern practices. Most notably, in 1797 Alexandria merchants established the Alexandria Marine Insurance Company, an incorporated entity that helped manage the risks

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29

Huang, Ting. "An Empirical Study on the Elements of Commercial Marine Insurance Claim Acceptance." Frontiers in Business, Economics and Management 6, no. 3 (2022): 237–40. http://dx.doi.org/10.54097/fbem.v6i3.3627.

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Commercial marine insurance is an important part of commercial insurance and an important guarantee for ocean shipping. However, claims disputes on commercial marine insurance have been increasing this year. Due to the particularity of this type of insurance, there are often a large number of complex evidence submission and evidence identification processes in the claims disputes. It is therefore important to summarize the evidence in current claims of this type. Herein, we have selected 100 current judgment cases of relevant cases, made statistics on the evidence identification part in the ju

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30

Firouzi, Melika, Ghodratollah Emamverdi, and Mohsen Hamidian. "Determining the Financial Solvency Level of Insurance Companies by Insurance Branches." Management Strategies and Engineering Sciences 7, no. 4 (2025): 125–32. https://doi.org/10.61838/msesj.7.4.13.

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This study aims to assess the financial solvency levels of insurance companies across different insurance branches by comparing solvency margin ratios (SMR) calculated using regulatory coefficients and actuarial risk assessments. The study employs a quantitative research design, analyzing the financial solvency of eight major insurance companies operating across multiple branches, including life, health, property, liability, aviation, and marine insurance. Data were collected from publicly available financial reports, solvency disclosures, and actuarial evaluations, following the solvency asse

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31

Kusumawati, Elly, Elise Dwi Lestari, and Agus Prawoto. "Juridical Review of The Implementation of Marine Cargo Insurance On The Sea Freight Agreement at PT. Sinar Mas Insurance." Devotion Journal of Community Service 3, no. 13 (2022): 2202–20. http://dx.doi.org/10.36418/dev.v3i13.276.

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The Indonesian nation is located along equator, a a very strategic potential that crosses between two ocean big, that is Ocean Indian and Ocean Pacific, and between two continent that is Asia and Australia continents. Beside that the Indonesian people have riches diverse nature variety, both on land as well as at sea. Study this aim for get description how Overview Juridical Implementation of Marine Cargo Insurance in the Agreement Freight Sea at PT. Insurance Sinar Mas for interpreted to in a the description presented in form of words. Study this aim for get description how Overview Juridical

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32

Ji, Seung-hyun. "A Study on the Criteria of the Compulsory Insurances related to Sea & Water on 「Framework Act on the Management of Disasters and Safety」." Korean Insurance Law Association 17, no. 2 (2023): 199–229. http://dx.doi.org/10.36248/kdps.2023.17.2.199.

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On June 9, 2020, the Ministry of the Interior and Safety promulgated a revision of “Framework Act on the Management of Disasters and Safety”(hereinafter “Disaster and Safety Act”), which strengthens the comprehensive management function of disaster safety obligation insurance policies operated by 22 ministries. This law establishes seven standards to be put in place by each statute for the administration and operation of mandatory insurance, which is compulsory under 45 different laws. If the standard is not met, the Ministry of the Interior and Safety may recommend the head of the central adm

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33

LEONARD, A. B. "UNDERWRITING BRITISH TRADE TO INDIA AND CHINA, 1780–1835." Historical Journal 55, no. 4 (2012): 983–1006. http://dx.doi.org/10.1017/s0018246x12000398.

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ABSTRACTIn the late eighteenth century, European merchants launched corporate insurance bodies in India and China. These new joint-stock companies followed London's mature and efficient institutional systems for marine insurance, and adopted their basis in the European law merchant. They operated alongside local risk transfer facilities, but in both countries were quickly embraced by native merchants, who participated both as customers and shareholders. The rapid development of a corporate insurance sector in India and China, fuelled by the capital of local merchants and members of the Europea

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34

Park, Se-hyun, and Nak-hyun Han. "A Study on Structural Problems in the Application of Federal and State Laws in the US Marine Insurance Law." Korean Academy Of International Commerce 37, no. 2 (2022): 45–68. http://dx.doi.org/10.18104/kaic.2022.37.2.45.

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Purpose : The purpose of this study analyses the structural issues in the application of Federal and State laws in the US Marine Insurance Law. Research design, data and methodology : The methodology is a typical case law analysis dealing with the issues surrounding the selection of the applicable law for marine insurance contracts as the issues implied by the US Marine Insurance Law. Results : In Travelers v. Ocean Reef, the 11th Circuit Federal Court of Appeals stated that only the Supreme Court had the privilege of overturning its decision and, unlike some commentators, could no

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35

马, 航. "Analysis of Subrogation Right in Marine Insurance." Open Journal of Legal Science 10, no. 04 (2022): 699–703. http://dx.doi.org/10.12677/ojls.2022.104089.

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Shinya, Tetsunosuke. "Complication of the U.S Marine Insurance law." Hokengakuzasshi (JOURNAL of INSURANCE SCIENCE) 2014, no. 627 (2014): 627_85–627_105. http://dx.doi.org/10.5609/jsis.2014.627_85.

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37

McNamara, Roderick, Robert A. Laurence, and Glenn L. Wood. "Inland Marine Insurance Volume I and II." Journal of Risk and Insurance 55, no. 4 (1988): 775. http://dx.doi.org/10.2307/253159.

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Hill, Michael A. "How to Profit from Australian Marine Insurance." Maritime Studies 1993, no. 71 (1993): 21–22. http://dx.doi.org/10.1080/07266472.1993.10878355.

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Hill, Michael A. "Trends in Marine Insurance – An Australian Perspective." Maritime Studies 2002, no. 125 (2002): 15–19. http://dx.doi.org/10.1080/07266472.2002.10878677.

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Myburgh, Paul. "Categorising Horror: Marine Insurance Coverage and Terrorism." Maritime Studies 2002, no. 126 (2002): 1–9. http://dx.doi.org/10.1080/07266472.2002.10878682.

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41

Li, Kevin X., Yulan Wang, and Jie Min. "Quantitative analysis of materiality in marine insurance." Maritime Policy & Management 36, no. 5 (2009): 437–55. http://dx.doi.org/10.1080/03088830903187168.

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42

COLMAN, J. "YASUDA FIRE & MARINE INSURANCE CO OF EUROPE LTD V ORION MARINE INSURANCE UNDERWRITING AGENCY LTD AND ANOTHER." Journal of Financial Regulation and Compliance 3, no. 4 (1995): 391–98. http://dx.doi.org/10.1108/eb024860.

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43

SHIVAM, KUMAR PANDEY. "A THOROUGH ANALYSIS OF THE ISSUES AND SOLUTIONS FACING MARITIME SECURITY AND MARINE INSURANCE LAWS IN THE TWENTY-FIRST CENTURY." RUSSIAN LAW JOURNAL 11, no. 05 (2023): 209–18. https://doi.org/10.5281/zenodo.8191277.

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This article extensively analyses multiple intertwined obstacles impacting the maritime industry and marine insurance laws in great detail. The global shipping sector is vital in international commerce but faces numerous security threats. These challenges encompass both traditional problems like piracy: territorial disputes; smuggling along with contemporary issues such as cyberattacks targeting navigation systems; hacking ship databases, et cetera arising from digital advancements seen during this era. As a result, these jeopardize trade safety; bring about significant economic risks that nee

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44

Garger, Andrew J., and Richard H. Hobbie. "Development of a New Insurance Protocol for Marine Casualty Response." International Oil Spill Conference Proceedings 2003, no. 1 (2003): 1239–42. http://dx.doi.org/10.7901/2169-3358-2003-1-1239.

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ABSTRACT Marine casualty response has become increasingly complex. Many responsible parties (R.P.'s) do not have the financial resources to fund the potentially high cost of spill response and other aspects of a casualty and they must rely on their various marine insurers, including hull, protection and indemnity, and pollution to cooperate in a timely and effective response. While underwriters have traditionally worked together to coordinate their response and solve response issues, clear responsibility for certain aspects of response has become blurred because environmental concerns are play

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Mumford, J. D., A. W. Leach, P. Levontin, and L. T. Kell. "Insurance mechanisms to mediate economic risks in marine fisheries." ICES Journal of Marine Science 66, no. 5 (2009): 950–59. http://dx.doi.org/10.1093/icesjms/fsp100.

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Abstract Mumford, J. D., Leach, A. W., Levontin, P., and Kell, L. T. 2009. Insurance mechanisms to mediate economic risks in marine fisheries. – ICES Journal of Marine Science, 66: 950–959. Uncertainty affects the behaviour of fishers and fisheries regulators in a way that can adversely affect the sustainability of fish stocks, fisheries income, and productivity. In agriculture, there has been a long history of using levy funds and public and private insurance schemes to mediate economic risks to growers resulting from environmental variability and quarantine risks. In the United States, the f

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Ritonga, Ali Imran, Kundori Kundori, Karolus G. Sengadji, and Hilda Emeraldo Ahmad. "Optimizing the Process of Management of Marine Cargo Insurance Claims at PT. ABC." Jurnal Logistik Indonesia 5, no. 2 (2021): 166–73. http://dx.doi.org/10.31334/logistik.v5i2.1887.

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The purpose of this study is to evaluate how to optimize marine insurance claims as well as the appropriate procedures in the marine cargo insurance claim process and methods in preparing insurance claim documents into accurate and complete documents so that the insurance company that bears all losses is more optimal by the insurance claims. with the details of the calculation of the value of insurance claims that have been insured. This research is divided into three lines of thought, namely identification, and formulation of problems, analysis and discussion, and research results. Identify a

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Petrinović, Ranka, Ivana Lovrić, and Trpimir Perkušić. "Role of P&I Insurance in Implementing Amendments to Maritime Labour Convention 2014." Transactions on Maritime Science 6, no. 1 (2017): 39–47. http://dx.doi.org/10.7225/toms.v06.n01.004.

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Maritime Labour Convention (MLC), 2006 stipulates mandatory financial security for repatriation costs (Standard A 2.5), and contractual compensations related to death or longterm disability of seafarers due to an occupational injury, illness or hazard (Standard A 4.2) that is to be provided by the shipowner. However, financial security system set in the MLC was prescribed very broadly and insufficiently precise and, therefore, it opened a number of questions and doubts. Among others, the following questions are particularly interesting: what the legal nature of the MLC financial security is; f

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Lee, Jincheol, and Hong Seung-Lin. "Article: Study of Marine Cargo Insurance under the Incoterms 2020 CIP Term." Global Trade and Customs Journal 19, Issue 4 (2024): 260–66. http://dx.doi.org/10.54648/gtcj2024022.

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Incoterms are international trade rules established by the International Chamber of Commerce (ICC) to standardize practices and reduce complexities in both domestic and international trade. They define responsibilities, costs, and risks in areas such as transportation, insurance, and customs clearances between buyers and sellers through 11 terms. The Incoterms framework allows parties to adapt the rules to their agreements, thereby harmonizing trade customs. These rules play a crucial role in international goods sales contracts and the pricing of goods. To mitigate the risks associated with lo

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Lilljegren, Josef, and Lars Fredrik Andersson. "Variation in organizational form across lines of property insurance: Sweden, 1913–1939." Financial History Review 21, no. 1 (2014): 77–101. http://dx.doi.org/10.1017/s0968565014000031.

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This article examines the impact of organizational structure on risk taking across different lines of property insurance (fire, marine, vehicle and specialized property insurance) in Sweden from 1913 to 1939. Based on the theoretical arguments whereby the mutual organizational form has a competitive advantage in underwriting homogeneous but unknown risk distribution, while the stock organizational form is more likely to underwrite more volatile and heterogeneous risk categories, we conclude that organizational form has a significant impact on risk taking. Our empirical analysis shows that the

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Puttevils, Jeroen, and Marc Deloof. "Marketing and Pricing Risk in Marine Insurance in Sixteenth-Century Antwerp." Journal of Economic History 77, no. 3 (2017): 796–837. http://dx.doi.org/10.1017/s0022050717000687.

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Drawing on a set of insurance contracts brokered in Antwerp in 1562–1563, we demonstrate that by that time Antwerp hosted a sophisticated, large, and international market for marine insurance in which small and large traders could acquire and sell insurance, backed by the intermediation of a large broker, Juan Henriquez who functioned as an open-access institution. Using information from Henriquez's ledgers which was also available to underwriters, we find that insurance premiums reflected the underlying risk and that agents were able to determine the effect of different contract parameters.

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