Assailing Thieves

Assailing Thieves

In maritime insurance, an insured event providing coverage in the event that a ship's cargo is stolen.
References in periodicals archive ?
The Hull and Machinery policy covered damage to the dry dock resulting from certain specified "perils" that included lightning, earthquake, pirates, assailing thieves, and various types of accidents and malfunctions.
Understandably, terms like "Free of Particular Average," "Barratry" and "Assailing Thieves" can be intimidating for agents not familiar with the lingo.
The law also defines a pirate as anyone who engages in "an act constituting piracy." This definition, if adopted, would brand public enemies, assailing thieves, and other attackers as pirates.
The 1690 Georgian language of the Lloyd's marine insuring agreement remains the basis of marine insurance to this day: "Touching the adventures and perils which we, the Under Writers, are contented to bear and do take upon us in this voyage, they are of the seas, fire, enemies, pirates, rovers, assailing thieves, jettisons, Letters of Mart and Counter-mart, surprizals, takings at sea, arrests, restraints and detainments of all Kings, Princes and Peoples, of what Nation, Condition, or quality soever, barratry of the Master and Mariners, and all other like perils, losses and misfortunes that have or shall come to the hurt, detriment or damage of any goods or merchandise or ship, or any part thereof....
of the seas, fires, assailing thieves, pirates, rovers, jettisons, barratry of the Master and Mariners, and all other like losses.
"Touching the adventures and perils which the Underwriters are contented to bear and do take upon themselves, they are of the seas, men-of-war, fire, lightning, earthquake, enemies, pirates, rovers, assailing thieves, jettisons, letters of mart and counter-mart, surprisals, takings at sea, arrest, restraints and detainments of all -kings, princes and peoples, of what nation, condition or quality soever; barratry of the master and mariners, and all other like perils, losses and misfortunes that have or shall come in the hurt, detriment or damage of the vessel, or any part thereof.