THE ROLE OF MARINE INSURANCE IN MAKING -GOOD COLLISION OF SHIPS DAMAGES

The significant role of insurance in making good the damages
arising from different incidents menacing human being is compeletly
clear. Particularly that, in some areas, in conclusion of rapid
development of science and technology and complication of facilities
and relations, it appears necessary to protect injured persons against
financial consequences resulting from diverse accidents.
In this Connection, marine insurance is one of main fields .of
commercial insurance activity because heavy losses of various
navigation incidents has made it unavoidable for ship and cargo
owners to provide for insurance covers.
This research has been allocated to study the considerable site of
marine insurance in compensating the damages resulting from one of
formidable maritim accidents naming collision of ships.