Commercial Maritime Law
Art. 316Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The insured shall, upon the occurrence of an insured risk, endeavor to
safeguard the insured objects to the best of his ability, and shall take all
necessary measures to preserve the insurer's right of recourse against third
parties who are liable for the damage. If the insured fails to fulfill such
obligations due to his negligence, he shall be liable for the damage sustained
by the insurer.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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