LW619-7-SP-CO:
Marine Insurance

The details
2024/25
Essex Law School
Colchester Campus
Spring
Postgraduate: Level 7
ReassessmentOnly
Monday 13 January 2025
Friday 21 March 2025
15
27 May 2022

 

Requisites for this module
(none)
(none)
(none)
(none)

 

(none)

Key module for

(none)

Module description

The contract of Marine Insurance is one of the backbone contracts in the international trade and commercial transactions. It is closely connected to international sale of goods contracts, contracts for carriage of goods by sea and international trade finance.

This module covers the formation and different types of marine insurance contracts, the London markets on the practice of insurance, the key legal concepts involved in marine insurance and the reform of insurance law that has been undertaken in the UK.

Module aims

This module aims to consider the main legal principles set out in the codifying legislation of the Marine Insurance Act 1906, the major changes introduced by the Insurance Act 2015 and the development of English case law in the key areas of insurance law.

Module learning outcomes

At the end of the course students would be expected:

1. to obtain great depth of knowledge on fundamental principles of marine insurance law
2. to demonstrate understanding of the main policies and values underpinning
3. to be able to solve complex practical problems by applying insurance rules and principles
4. to understand, evaluate and criticise existing debate and research
5. to independently research, organise and manage research using available primary and secondary sources.

Module information

Indicative Syllabus:

1. Introduction
2. Formation of marine insurance contracts
3. Insurable interest
4. Fair presentation of risks
5. Warranties
6. Cover
7. Marine Risks
8. Causation
9. Losses

Learning and teaching methods

This module will be taught via weekly 2-hour seminars. The module teaching team will upload all relevant teaching materials on Moodle. You will find reading lists, the textbook, weekly handouts or PPS notes on Moodle. The materials in question are designed both to help you navigate the material to be covered in the seminars and to equip you to analyse the required readings. You will be expected to have completed the required readings in advance of your seminars.

Bibliography

The above list is indicative of the essential reading for the course.
The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students.
Further reading can be obtained from this module's reading list.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Coursework Exam
100% 0%

Reassessment

Coursework Exam
100% 0%
Module supervisor and teaching staff
Dr Lijie Song, email: lijie.song@essex.ac.uk.
Dr Lijie Song & Dr Durand Cupido
lawpgtadmin@essex.ac.uk

 

Availability
Yes
No
Yes

External examiner

Prof Duncan Sheehan
University of Leeds
Professor
Resources
Available via Moodle
Of 20 hours, 20 (100%) hours available to students:
0 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).

 

Further information
Essex Law School

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