LW619-7-SP-CO:
Marine Insurance I

The details
2023/24
Essex Law School
Colchester Campus
Spring
Postgraduate: Level 7
Current
Monday 15 January 2024
Friday 22 March 2024
15
19 October 2023

 

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

 

(none)

Key module for

LLM M22E12 Maritime Law,
LLM M22E24 Maritime Law

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
Coursework   Essay (LW619 Marine Insurance)    100% 

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 Belma Bulut Sahin, email: bbulut@essex.ac.uk.
Law Education Office, pgtlawqueries@essex.ac.uk

 

Availability
Yes
No
Yes

External examiner

Prof Duncan Sheehan
University of Leeds
Professor
Resources
Available via Moodle
Of 18 hours, 18 (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), module, or event type.

 

Further information
Essex Law School

Disclaimer: The University makes every effort to ensure that this information on its Module Directory is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to programmes, modules, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to modules may for example consist of variations to the content and method of delivery or assessment of modules and other services, to discontinue modules and other services and to merge or combine modules. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications and module directory.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.