The Marine Insurance (Liability for Damage to Fixed and Floating Objects) Regulations 2021

The Marine Insurance (Liability for Damage to Fixed and Floating Objects) Regulations 2021 establishes a framework for ensuring that marine insurance policies adequately cover damages caused by vessels to structures (like docks) and other vessels. It sets out the obligations for insurers and policyholders regarding liability claims, helping to clarify responsibilities and facilitate fair compensation. These regulations aim to enhance maritime safety and accountability, protecting both parties involved in maritime operations from financial losses resulting from accidents or incidents at sea.