Written from the perspective of the Average Adjuster, and updated to include a detailed analysis of the new rules adopted in 2016, this book is an essential read for practitioners in maritime law and marine insurance.
The book contains:
historical references regarding the establishment of General Average from Roman Law onwards;
details of the establishment of International rules to achieve uniformity in the adjustment of General Average and their development:
the Glasgow Resolutions of 1860;
the York rules of 1864; and
the York-Antwerp Rules 1877, 1890, 1924, 1950, 1974, 1994, 2004 and 2016;
a detailed analysis of the York-Antwerp Rules 2016;
CMI Guidelines relating to General Average;
general average security;
general average absorption clauses; and
new to this edition: insurance of average disbursements.