Written by a team of leading academics and practitioners, this volume analyses the contemporary legal questions and debates arising out of market practice, and provides a thoroughly modern and up-to date analysis of marine insurance law. Topics covered include: held covered clauses, incorporation of terms into reinsurance contracts, valued policies, insurable interest, warranties and wilful misconduct. It also provides an invaluable comparative analysis of the law and practice in Europe, Australia and the USA. Cumulatively the contributions provide a comprehensive statement of the modern law and practice of marine insurance.