Written from the perspective of the Average Adjuster, and updated to include a detailed analysis of the new rules adopted in 2016, this book is an essential read for practitioners in maritime law and marine insurance.
The book contains:
historical references regarding the establishment of General Average from Roman Law onwards
details of the establishment of International rules to achieve uniformity in the adjustment of General Average and their development: the Glasgow Resolutions of 1860, the York rules of 1864, and the York-Antwerp Rules 1877, 1890, 1924, 1950, 1974, 1994, 2004 and 2016
a detailed analysis of the York-Antwerp Rules 2016
CMI Guidelines relating to General Average
general average security
general average absorption clauses, and
new to this edition: insurance of average disbursements
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