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Insurance, Reinsurance & Regulation: Jurisdictional Comparisions

Law

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CONTENTS 1 What are the sources of insurance and reinsurance law? 2 How and by whom is insurance/reinsurance regulated? 3 Formation of a contract of insurance/reinsurance: • What is the duty of utmost good faith? • What are the requirements on a purchaser of insurance or reinsurance to disclose information about the risk to the insurer and to present the risk “fairly”? • What are the remedies for breach. 4 What is the role and function of Intermediaries? • For whom do they act? 5 What are the requirements and distinguishing features of insurance contracts and reinsurance contracts? • Requirement for insurable interest • Transfer of risk • Prohibition against gambling • Form 6 Where are the contract terms to be found? • Slip • Wording • Implied terms, incorporated terms 7 Classification of terms: Warranties, Condition Precedents: Suspensive conditions or simple conditions. 8 Loss: • Triggers of loss • Proximate cause • Burden of proof 9 Claim process • Notification • Claims Co-Operation; • Proof of loss • Fraud • Subrogation • Double insurance 10 Reinsurance claims issues • Follow settlements • Claims Control • Aggregation • Law and jurisdiction

Product Specifications

Format: hardcover
ASIN: 0414032535
Category: Books > Subjects > Business, Finance & Law > Law
Domain: Amazon UK
Release Date: 30 September 2014
Listed Since: 12 September 2013

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Insurance, Reinsurance & Regulation: Jurisdictional Comparisions

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