Insurance of International Sales' Contracts under Incoterms

Professor Ademuni-Odeke holds an LLM in Maritime Law and a PhD in International Shipping Law and Policy, Institute of Maritime Law, Faculty of Law, The University of Southampton, UK. He is: a Fulbright Scholar With thanks to Lloyd’s for their support through the Lloyd’s Tercentenary Research Foundation; Professor of International Commercial and Maritime Law and Policy; Special Advisor and Lead Researcher, National Research Centre for the Sea and Maritime Law (DEHUKAM), University of Ankara; Visiting Professor: IMLI (Malta) and formerly Tulane (US), and WMU (Malmo); and Maritime Consultant. He returned to academia after a career in industry and the UN.

• PART I: THE ROLE OF THE ICC AND INSURANCE AND INTERNATIONAL TRADE.- The Role and Importance of the International Chamber of Commerce (ICC) and Incoterms in International Trade.- The Role and Importance of Insurance in International Trade.- PART II: INSURANCE OF CONTRACTS WHICH EXCLUDE SELLERS’ OBLIGATIONS TO PROVIDE INSURANCE FOR THE SELLER.- The Nature and Characteristics of the Contracts.- Insurance of Contracts which exclude Sellers’ Obligations to provide insurance for the Buyer at Common Law.- Insurance of Contracts which exclude Sellers Obligations to provide insurance to the Buyer under Incoterms.- PART III: INSURANCE OF CONTRACTS WHICH INCLUDE SELLERS OBLIGATIONS TO PROVIDE INSURANCE TO THE BUYER.- The Nature and Characteristics of the Contracts.- Contracts which Include Seller’s Obligations to Insure at Common Law.- Insurance of Contracts Which Include Sellers Obligations to Insure under Incoterms.- PART IV. FOB-CIF WAR RISKS AND OTHER INSURANCE CONSIDERATIONS.- Insurance of War, Terrorism and Piracy Risks.- Other Insurance Avenues and Considerations.- Tender of Documents under Common Law and UCP.- PART V: DISPUTE SETTLEMENT, CLAIMS AND CONCLUDING REMARK.- Conflict of Laws.- Claims and Settlement.- Concluding remarks.