MARINE INSURANCE POLICIES ON RATIONALE BEHIND EXCLUSIONS - AN CONCEPTUAL ANALYSIS
Col. Dr. G Thiruvasagam
Vice Chancellor, AMET University, Chennai
Dr. D. Rajasekar
Associate Professor, AMET Business School, AMET University.
Download PDFAbstract
The equilibrium concept must be applied across jurisdictions; each country’s institutions are not just an internal equilibrium outcome, but institutions in different countries also affect each other as they evolve over time. This is particularly the case for institutions in international market, in which the parties to a dispute may often inhabit different jurisdictions, and in which inter-jurisdictional competition may constrain individual governments’ ability to regulate or shape the governance institutions within their borders. As the subject matter of this study is marine insurance policies and exclusions, it is inevitable to first understand the origin of the institution prevalent in the ancient time to the system that followed and developed over the years to be presently called as marine insurance market. Shop around. The best Swiss iwc fake watches UK with high quality are here. Read more details if you want. Wish you buy UK cheap rolex replica watches from the discounted website. They are suitable for both men and women.
Keywords:
Marine Insurance Policies; Internal Equilibrium; Jurisdictional Competition
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