Arrest by Indonesian navy for illegal anchoring leads to a constructive total loss claim under the war risk policy
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Just maritime
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The Win Win [2024] joins The Afra Oak [2023] as another case involving ship arrest by Indonesian navy for illegal anchoring. In this...
- Aug 20, 2023
- 2 min
Hull insurance and Class rules
Classification societies provide a system of assurance for the insurers. Hull policies are often subject to the vessels maintaining...
460
- May 9, 2021
- 1 min
Utmost good faith - owner not disclosing all facts
The doctrine of uberrimae fidei (utmost good faith) is an ancient one. Many countries have in the recent past moved away from it and...
230
- Apr 25, 2021
- 1 min
Email fraud & insurance for cyber risks
Cyber risk space is quite new for most and very technical. Many businesses may not have a good grasp of the risk landscape resulting in...
80
- Dec 31, 2020
- 1 min
Cargo insurance, Institute Classification Clauses & ship's Class
Classification of a vessel with a member society of IACS is usually considered as a yardstick by insurers to judge whether the risk can...
110
- Dec 31, 2020
- 1 min
‘All risks’ business interruption policies & COVID-19
Covid-19 has thrown business (and life) in turmoil. Many businesses do have standard ‘all risks’ business interruption policies but do...
10
- Dec 31, 2019
- 1 min
Grounded yacht looted - can claim under the insurance policy?
The Creola [2019], a case of a grounded yacht focused on some interesting aspects of marine insurance law. After being abandoned, it was...
10
- Aug 4, 2019
- 1 min
SCOPIC costs alongwith salvage charges to be included when deciding a vessel is CTL?
If the ship is not financially worth repairing after suffering damage in an accident then it is deemed to be a constructive total loss...
30
- Nov 4, 2018
- 1 min
Due diligence, SMS & insurance claims
The DC Merwestone made headlines in 2016 for court’s decision that when an insured employs a fraudulent device to advance an otherwise...
60
- Nov 4, 2018
- 1 min
'Pay to be paid' principle of P&I Clubs
Can a P&I Club's 'pay to be paid' principle be circumvented? This was the question before a Brazil appeals court last month. The claim...
120
- May 27, 2018
- 1 min
Drugs found attached to hull, vessel confiscated & insurers refusing to pay out the claim
Unsuspecting vessels are commonly used for smuggling drugs out of Venezuela. The most commonly used methods is to attach the drugs onto...
10
- May 6, 2018
- 1 min
Seller doesn't ship the cargo, but obtains payment from the buyer. Can an 'all risk policy' respond?
All Risk Marine policy doesn't really provide cover for all kinds of contingencies. In a recent case Englehart CTP v Lloyd’s Syndicate...
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