# Marine Insurance Act 1906, Section 9: Re-insurance.


(1) The insurer under a contract of marine insurance has an insurable interest in his risk, and may re-insure in respect of it.
(2) Unless the policy otherwise provides, the original assured has no right or interest in respect of such re-insurance.

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Source: https://www.legislation.gov.uk/ukpga/Edw7/6/41/section/9 (the official version)
Page: https://openlegislation.uk/marine-insurance-act-1906/section-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.