86. Ratification by assured

Where a contract of marine insurance is in good faith effected by one person on behalf of another, the person on whose behalf it is effected may ratify the contract even after he is aware of a loss.

Report

Read on from s 87

Schedules

Details

Marine Insurance Act 1906 · s 86

Saving and following need a free account.Sign in

Judgments that cite this Act

15 in all

The increased value part of a marine insurance was void as a wager, capping the claim SummaryOversea-Chinese Banking Corp Ltd v Argoglobal Underwriting Asia Pacific Pte Ltd and others · [2025] SGHC 82
The insured did not prove the loss was caused by perils of the seas SummaryArgoglobal Underwriting Asia Pacific Pte Ltd and others v Oversea-Chinese Banking Corp Ltd · [2026] SGCA 14
Hua Seng Sawmill Co Bhd v QBE Insurance (Malaysia) Bhd[2003] SGHC 233

Where this comes from

Singapore Statutes Online · Marine Insurance Act 1906, 2020 Revised Edition. Reader record updated on 13 Oct 2026.

Singapore legislation is Government copyright, used with the permission of the Attorney-General’s Chambers. Check Singapore Statutes Online for the latest version.

Open the official text