HKLII Hong Kong Ordinances

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MARINE INSURANCE ORDINANCE - SECT 24

Signature of insurer

(1) A marine policy must be signed by or on behalf of the insurer, provided
that in the case of a corporation the corporate seal may be sufficient, but
nothing in this section shall be construed as requiring the subscription of a
corporation to be under seal.

(2) Where a policy is subscribed by or on behalf of two or more insurers, each
subscription, unless the contrary be expressed, constitutes a distinct
contract with the assured. [cf. 1906 c. 41 s. 24 U.K.]



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