An Introduction to P&I Insurance and Loss Prevention, Second Edition
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About this ebook
This book provides a comprehensive introduction to the critically important topic of maritime liability cover - otherwise known as 'protection and indemnity' (P&I) insurance - which recent international casualties, pirate attacks and trade sanctions have brought increasingly into the public eye. The unique guide focuses on the services provided by the 13 members of the International Group of P&I Clubs, which mutually insure around 90% of the world's ocean-going fleet of merchant shipping tonnage. The guide also introduces the key international conventions and regulations governing international shipping practice as well as the all-important topic of maritime loss prevention. Since the first edition appeared in 2008 there have been many developments in international maritime conventions, regulations and contracts of carriage as well as significant changes to liability and cover levels. The second edition has been comprehensively revised to include all of these changes, as well as details of the International Group's 2012/13 reinsurance programme.
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