| Unit name | Marine Insurance Law |
|---|---|
| Unit code | LAWDM0034 |
| Credit points | 30 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 4 (weeks 1-24) |
| Unit director | Professor. Rose |
| Open unit status | Not open |
| Pre-requisites |
None |
| Co-requisites |
None |
| School/department | University of Bristol Law School |
| Faculty | Faculty of Social Sciences and Law |
The object or effect of the law, particularly in commercial situations, is to distribute risk of loss or damage. Generally these risks can be covered by insurance. This unit covers the basic range of circumstances in which risks to parties, cargo and ships involved in international trade can be covered and the circumstances in which an indemnity for losses suffered can be recovered. This requires a general understanding of the principles of insurance law as well as familiarity with the special requirements of marine insurance law and practice.
By the end of the unit, a successful student will be able:
(a) to research and explain the origin, development and content of the rules and practice of marine insurance and relevant general principles of the law of insurance;
(b) to understand the relationship between the theory and general rules of the law of marine insurance and their relationship to the standard contract terms used in practice to govern usual market dealings;
(c) to identify issues of marine insurance law arising in different factual situations;
(d) to apply their knowledge of the law and practice in resolution of those issues;
(e) to criticise the relevant legal rules and to consider possible solutions for the successful reform and application of the law. Students should be able to state the law accurately, to apply legal principles to problem case scenarios, and to think critically about ways in which the law could be reformed.
The examination includes both problem type and essay type questions, designed to assess both whether students were able to understand and apply the law across the breadth of the syllabus, and whether they were able to think critically about it.
10 x 2 hour Seminars
One three-hour closed book examination in May/June, in which students answer 3 questions (at least one essay and at least one problem) from a choice of 7 or 8 questions.
Arnould, Marine Insurance, 18th ed (2012); Bennett, The Law of Marine Insurance, 2nd ed (2006); Dunt, Marine Cargo Insurance (2009); Rose, Marine Insurance: Law and Practice, 2nd ed (2012)
