An Essay On Average

""An Essay on Average: And on Other Subjects Connected with the Contract of Marine Insurance"" is a book written by Robert Stevens and published in 1822. The book explores the concept of average, which is a term used in marine insurance to describe the loss or damage suffered by a ship or its cargo during a voyage. The author explains the different types of average, such as general average, particular average, and salvage charges, and provides examples of how they are calculated and applied in insurance policies.In addition to discussing average, the book also covers other topics related to marine insurance, such as the history of the industry, the principles of insurance, and the legal aspects of marine insurance contracts. The author provides insights into the challenges faced by insurers and insured parties, and offers practical advice on how to mitigate risks and protect against losses.Overall, ""An Essay on Average"" is a comprehensive and informative guide to marine insurance, written by an expert in the field. It is an important resource for anyone involved in the shipping industry, including ship owners, cargo owners, insurers, and brokers.Together With An Essay On Arbitration.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.