Marine insurance explained: hull, cargo and P&I cover
A practical introduction to hull, cargo, P&I and loss-of-hire insurance, with examples of insured interests, exclusions, general average and claims.
Read the guideUnderstand how cover works, how marine risks are assessed and who does what in a voyage. Our guides explain the detail through worked examples and original sources.
A practical introduction to hull, cargo, P&I and loss-of-hire insurance, with examples of insured interests, exclusions, general average and claims.
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13 guides to explore
Build a cargo claim file that explains condition, cause, insured interest and loss, with a worked damage schedule and practical distinctions about recovery.
Understand whose interest cargo insurance protects, how transit and valuation work, and why a goods claim is different from a claim against the carrier.
Understand general average, bonds and guarantees, contributory values and insurance through a worked example showing why undamaged cargo can still contribute.
Compare the 2009 Institute Cargo Clauses through water, handling and theft examples, and understand the shared transit terms, exclusions and expense cover.
Follow a marine insurance claim through notification, evidence, cover and liability enquiries, adjustment, payment and recovery, with a worked hull example.
Build a useful marine insurance submission with the right vessel, cargo, liability and claims information, clear assumptions and a practical renewal example.
Understand paid claims, outstanding reserves, loss ratios and development through a worked marine account, and see why claims history needs operational context.
Understand how marine insurers use reinsurance, with worked quota-share and excess-of-loss examples, a clear contract map and the limits of risk transfer.
Follow a marine salvage operation from danger to reward, with practical examples explaining LOF, SCOPIC, security and the link to hull, cargo and P&I insurance.
A practical introduction to hull, cargo, P&I and loss-of-hire insurance, with examples of insured interests, exclusions, general average and claims.
How marine underwriters assess vessels, cargo and liabilities, use claims information, set policy terms and distinguish a quotation from bound insurance.
Compare H&M and P&I through ship damage, cargo liability, crew claims and a worked collision example, including deductibles and alternative cover arrangements.
Understand shipowners, charterers, carriers, shippers and consignees, and how charterparties, bills of lading and sale contracts connect their responsibilities.
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