Walmsley on Business Interruption Insurance - Second Edition

Now in its 2nd edition, this guide to business interruption law has been fully updated to reflect recent relevant legal developments. Reference is made throughout to applicable case law and topics covered include:

• The underwriting process and loss adjustment
• the indemnity principle
• the schedule and extensions
• proximate cause, perils, exclusions and extensions
• gross profit, sum insured and uninsured working expenses
• variations on the basic forms of cover
• contribution and subrogation.

Dedication

Foreword

Preface to the Second Edition

List of Cases

List of Statutes

1. Underwriting Process and Loss Assessment

2. The Indemnity Principle

3. The Schedule and Extensions

4. Proximate Cause, Perils, Exclusions and Extensions

5. Gross Profit, Sum Insured and Uninsured Working Expenses

6. Clause (a); Gross Profit; Adjustments Clause; Special and Additional Clauses

7. Clause (b); Increase in Cost of Working and Additional Increase in Cost of Working

8. CLAIMS: Savings, Depreciation; Underinsurance and Material Damage Overlap Savings

9. Variations on the Basic Form of Cover

10. Contribution and Subrogation

Appendix A: Association of British Insurers Recommended Policy Wordings, Extensions and Clauses

Appendix B: Book Debts

Index

Celso de Azevedo

Celso de Azevedo (FCIArb) has over 20 years’ experience specialising in complex and high value international re/insurance, cyber and commercial disputes. He is also qualified as a New York Attorney and is a Fellow of the Chartered Institute of Arbitrators.