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This book is a new edition of the previously named The Institute Clauses, and it has been updated and renamed to reflect the introduction in 2002/2003 of a new policy form of the International Hull Clauses. This highly practical book examines and analyzes these Clauses, comparing them with the forms previously published but still in existence, including the American Institute Hull Clauses of 1977.

This edition also re-examines a full portfolio of the other important clauses available for the insurance of Cargoes, Containers, Freight and other interests against Marine Risks, War and Strike Risks, as well as P & I Risks, also the highly specialized forms covering Shipbuilders Risks, Mortgagees Interest Insurance and the latest subject to come under scrutiny – average disbursements insurance. This is essential reading for all marine insurance professionals and practitioners.

What’s new to this edition?

• Updated and renamed since the third edition (The Institute Clauses) to extensively reflect, examine and analyse on the 2002/2003 introduction of a new policy form of the International Hull Clausesagainst the backdrop of the replacement of the ILU by the IUA
• Considers the impact of the discontinuation of the Institute of London Underwriters and the formation of the International Underwriting Association of London.
• Compares the new policy form with forms previously published but still in existence, (including the American Institute Hull Clauses of 1977).
• Re-examines a full portfolio of the other important clauses available for the insurance of cargoes, containers, freight and other interest against marine risks, war and strike risks, as well as P & I risks
• Provides you with an in depth detail about the highly specialized forms covering shipbuilders risks, mortgage’s interests AND average disbursements insurance…the latest subject to comer under scrutiny.

Why do you need it?

• The book examines and analyses all new and relevant Clauses including the International Hull Clauses of 1/11/03, then compares them with forms previously published but still in existence, including the American Institute Hull Clauses of 1977.

• Shipowners often prefer the ITC of 1/10/83 or even the American Institute Hull Clauses of June 2,1977, and thereasons for this become apparent from reading the new Part III of this book on Marine Hull Forms.

Why you should buy it:

• The book revisits and updates a full portfolio of important clauses available for the insurance of cargo, container, freight and other interests against marine, war, strike and P & I risks.
• This is essential reading for all marine insurance professionals and practitioners.
• For coverage of the highly specialized forms covering shipbuilder’s risks, mortgage’s interests, plus average disbursements, the latest subject to come under scrutiny.
• Also provides you with an extensive and in-depth discussion of a new set of standard insurance conditions for ships, (the International Hull Clauses, 1/11/03). These supplement Institute Time Clauses, Hulls, 1/11/95and Time Clauses, Hulls, 1/10/83,and were both discussed in the previous edition.