International Cargo Transportation Insurance

Author: Huang Jingyang
Publisher:
Publish Date: 2005-03-01
Features: This book is a revised and improved version of "International Freight Transport Insurance" published by China Foreign Economic and Trade Press in June 1999. Its main content and features include: introducing insurance as a means of risk transfer and risk financing within the broader framework of risk management, helping students gain a clear understanding of the role of insurance in risk management. Considering that insurance is the primary method for managing risks in modern society for businesses, families, and individuals, the first five chapters of this book provide a basic introduction to risk and insurance, with a particular emphasis on explaining the steps and main methods of risk management. This includes fundamental concepts of risk, risk management, and insurance, the basic steps and main methods of risk management; major types of insurance; basic principles of insurance; characteristics and main content of insurance contracts, as well as insurance intermediaries. This section of the content is highly theoretical. The last five chapters focus on ocean freight transport insurance, providing a comprehensive and systematic explanation of the risks, losses, and expenses related to freight transport insurance. They analyze each item of the 1982 Association Cargo Clauses and the China Ocean Transport Cargo Insurance Clauses in detail, and introduce the conventions and practices of international freight insurance. Chapter 10 offers a brief introduction to the insurance of other transportation methods. This section combines insurance theory with insurance practice, highlighting the practicality of insurance practice. This book can serve as a textbook and teaching reference for insurance, foreign economic relations, foreign trade, and economic management majors in colleges and universities, as well as a reference book for those engaged in insurance business, especially in marine transport and freight insurance.