marine insurance


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marine insurance:

see insuranceinsurance
or assurance,
device for indemnifying or guaranteeing an individual against loss. Reimbursement is made from a fund to which many individuals exposed to the same risk have contributed certain specified amounts, called premiums.
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References in periodicals archive ?
Other coverage features customarily associated with inland marine insurance as opposed to property insurance were not considered by the Arizona Appellate Court because these coverage features are not specifically identified in the Arizona statute.
We're coming off a period of about five to six years when rates were dangerously low and many carriers were either forced or decided to abandon marine insurance lines.
Yasuda Fire = Yasuda Fire & Marine Insurance Co.
We will start discussions immediately with an eye to protecting Taisei's customers, staff and outlets as much as possible in a joint effort with Nissan Fire & Marine Insurance,'' the statement said.
In the introductory chapter, the author emphasizes that although American marine insurance had its origins in English common law, there are distinctions between American and British marine insurance.
The first chapter of this text provides an overview and history of ocean marine insurance which reflects Art William's careful scholarship.
An up-to-date analysis of current issues affecting marine insurance law and market practice
If approved by regulators and accepted by shipowner members, it will result in the creation of one of the world's largest marine insurance operations in early 2014.
He served as AIMU's liaison to marine organizations such as the International Union of Marine Insurance, Association of Average Adjusters of the United States and Canada, Marine Insurance Claims Association, Maritime Law Association, National Cargo Bureau and the American Bureau of Shipping.
The addition of this new excess marine liability facility will further expand FGH's marine insurance capabilities by providing to the market responsible excess capacity underwriting with excellent security," explained H.
Some of his marine insurance clients believe that federal regulations will soon include such identification links as part of Customs and Border Protection port security initiatives.
Sompo Japan was created last July by a merger between Yasuda Fire & Marine Insurance Co.

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