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The third edition is brought up to date with significant discussion of recent case law with a view to identifying their impact on established legal principles. It further develops the interpretation of express warranties and analyses developments in the interpretation of marine and commercial insurance contracts. The book also considers the dividing line between express warranties and suspensory provisions which have been further complicated in recent judgments. The book goes on to address the reform of the law on warranties in marine insurance and critically analyses the reform proposals expected from the English and Scottish Law Commissions in 2013 and their likely impact.
For centuries, warranties have played a significant role in the law of marine insurance and in this book Baris Soyer offers a comprehensive and authoritative examination of warranties in marine insurance. The book sets out the current law on marine insurance warranties as well as exploring the legal remedies available when a marine insurance warranty is breached.
The third edition is brought up to date with significant discussion of recent case law including: Kosmar Villa Holidays v. Trustees of Syndicate; Pratt v Aigaion Insurance Co; Argo Systems FZE v. Liberty Insurance (Pte); The Buana Dua, The Princess of the Stars, The Nancy, and Garnat Trading & Shipping (Singapore) Pte Ltd v. Baominh Insurance Corporation with a view to identifying their impact on established legal principles. The third edition also goes on to evaluate the impact of the changes that will be introduced in this area by the Insurance Act 2015. This Act will alter the warranty regime significantly but it is also expected to have an impact on other risk alteration clauses such as condition precedents, suspensory warranties and exclusion clauses.
This book is essential reading for postgraduate students and academics in international commercial law and marine insurance law as well as insurers and legal practitioners.
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