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- W2736816878 abstract "The Marine Insurance Act 1906 (UK) is perhaps one of the outstanding examples in the common-law world of a statute that has had major impact upon international commerce and a wide reach beyond its maritime focus. That said, since its inception more than a century ago international markets and practices have grown and evolved, and as such necessary reform to the Act was effected through the passing of the Insurance Act 2015 (UK). For Australia and other countries that largely or totally replicated the original UK statute in their domestic laws, significant flow-on effects must now be addressed if, indeed, the determination to remain in step with the UK is prioritised. Prior to reform of the UK Act, the principal brake upon this task was a desire to preserve consistency in a strongly connected and international market with an epicentre and legacy in London. Hence these changes have opened the door to reform without creating unnecessary disharmony or inconsistency in international practice. This article examines the law reforms in the UK, parallel reform considerations and options in Australia, and recommends a way forward." @default.
- W2736816878 created "2017-07-31" @default.
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- W2736816878 date "2017-01-01" @default.
- W2736816878 modified "2023-09-23" @default.
- W2736816878 title "Marine insurance law reform in Australia - a following sea" @default.
- W2736816878 hasPublicationYear "2017" @default.
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