Written from the perspective of the average adjuster this book is an essential read for practitioners in maritime law and marine insurance. The book contains:
Historical references regarding the establishment of generalaverage from roman law onwards
Establishment of the international rules:
The glasgow resolution 1860
The york rules of 1864
The york-antwerp rules 1877 1890 1924 1950 1974 & 1994
The variation and changes to the text in 2004 but only those which had a significant effect
Why the 2004 changes were not universally adopted and
General average security.
