Much of modern marine insurance owes its current appearance to a gradual introduction of new features over the years, and to case law that has addressed specific issues such as the introduction of steamships, the First and Second World Wars, the container revolution and Somali piracy. The law continues to develop, which makes marine insurance a challenging and stimulating field to study and work in. This chapter deals in turn with the law surrounding marine insurance and
Page 467with three main forms of marine insurance: hull and machinery insurance, cargo insurance and P&I insurance.
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