College of Social Sciences and International Studies
Marine Insurance
Module LAWM079 for 2018/9
Module LAWM079 for 2018/9
- Overview
- Aims and Learning Outcomes
- Module Content
- Indicative Reading List
- Assessment
Postgraduate Module Descriptor
LAWM079: Marine Insurance
This module descriptor refers to the 2018/9 academic year.
Module Aims
The aim of the module is to provide you with a comprehensive introduction to marine insurance, explaining the forms of insurance available and the legal framework which applies to them. You will look at the standard forms of insurance wordings issued by the London Market, and you will learn to apply those wordings to common situations which arise. There are many current challenges, including the activities of pirates, and you will consider how both insurers and the law respond to these challenges.
On successfully completing the programme you will be able to: | |
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Module-Specific Skills | 1. Demonstrate a detailed knowledge of the forms of risk for which insurance is required and what policies are available to cover those risks; 2. Demonstrate a detailed knowledge of the legal framework applicable marine policies and the ability of the parties to contract out of the default rules laid down by the law; 3. Advise accurately and comprehensively on the application of the default rules and the most common market agreements to the most important risks covered by marine policies |
Discipline-Specific Skills | 4. Demonstrate detailed and comprehensive knowledge and understanding of the complex web of case law dating back 300 years, statutory codification and market agreements 5. Demonstrate flexible and innovative ability to analyse the outcome of typical marine insurance disputes and to review critically the state of the law and whether any reform is needed |
Personal and Key Skills | 6. Communicate key legal concepts to both legal and market audiences effectively, confidently and independently 7. Research and write concisely, confidently and autonomously on the application of the law to specific problem issues |