Transparency in Insurance Regulation and Supervisory Law - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Transparency in Insurance Regulation and Supervisory Law write by Pierpaolo Marano. This book was released on 2021-03-30. Transparency in Insurance Regulation and Supervisory Law available in PDF, EPUB and Kindle. This volume focuses on transparency as the guiding principle for insurance regulation and supervisory law. All chapters were written by experts in their respective fields, who address transparency in a wide range of European and non-European jurisdictions. Each chapter reviews the transparency principles applicable in the jurisdiction discussed. While the European jurisdictions reflect different facets of the principle as emerging from EU law on insurance, the principle has developed quite differently in other jurisdictions.
Transparency in Insurance Contract Law
Transparency in Insurance Contract Law - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Transparency in Insurance Contract Law write by Pierpaolo Marano. This book was released on 2020-03-11. Transparency in Insurance Contract Law available in PDF, EPUB and Kindle. This Volume of the AIDA Europe Research Series on Insurance Law and Regulation focuses on transparency as the guiding principle of modern insurance law. It consists of chapters written by leaders in the respective field, who address transparency in a range of civil and common law jurisdictions, along with overview chapters. Each chapter reviews the transparency principles applicable in the jurisdiction discussed. Whether expressly or impliedly, all jurisdictions recognize a duty on the part of the insured to make a fair presentation of the risk when submitting a proposal for cover to the insurers, although there is little consensus on the scope of that duty. Disputed matters in this regard include: whether it is satisfied by honest answers to express questions, or whether there is a spontaneous duty of disclosure; whether facts relating to the insured’s character, as opposed to the nature of the risk itself, are to be presented to the insurers; the role of insurance intermediaries in the placement process; and the remedy for breach of duty. Transparency is, however, a much wider concept. Potential policyholders are in principle entitled to be made aware of the key terms of coverage and to be warned of hidden traps (such as conditions precedent, average clauses and excess provisions), but there are a range of different approaches. Some jurisdictions have adopted a “soft law” approach, using codes of practice for pre-contract disclosure, while other jurisdictions employ the rather nebulous duty of (utmost) good faith. Leaving aside placement, transparency is also demanded after the policy has been incepted. The insured is required to be transparent during the claims process. There is less consistency in national legislation regarding the implementation of transparency by insurers in the context of handling claims.
Insurance Distribution Directive
Insurance Distribution Directive - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Insurance Distribution Directive write by Pierpaolo Marano. This book was released on 2021. Insurance Distribution Directive available in PDF, EPUB and Kindle. This open access volume of the AIDA Europe Research Series on Insurance Law and Regulation offers the first comprehensive legal and regulatory analysis of the Insurance Distribution Directive (IDD). The IDD came into force on 1 October 2018 and regulates the distribution of insurance products in the EU. The book examines the main changes accompanying the IDD and analyses its impact on insurance distributors, i.e., insurance intermediaries and insurance undertakings, as well as the market. Drawing on interrelations between the rules of the Directive and other fields that are relevant to the distribution of insurance products, it explores various topics related to the interpretation of the IDD - e.g. the harmonization achieved under it; its role as a benchmark for national legislators; and its interplay with other regulations and sciences - while also providing an empirical analysis of the standardised pre-contractual information document. Accordingly, the book offers a wealth of valuable insights for academics, regulators, practitioners and students who are interested in issues concerning insurance distribution.--
The Future of Insurance Regulation and Supervision in the EU
The Future of Insurance Regulation and Supervision in the EU - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Future of Insurance Regulation and Supervision in the EU write by Johan van der Ende. This book was released on 2006. The Future of Insurance Regulation and Supervision in the EU available in PDF, EPUB and Kindle. This report offers a comprehensive overview of the developments in the European insurance market over the last decade. It also examines the regulatory initiatives undertaken by the relevant international organizations (IAIS, IAA IASB) in order to develop a global risk-sensitive solvency regime for insurance companies. The authors focus in particular on the ongoing developments of the new European solvency regime (known as Solvency II) and the issues addressed by the proposed EU directives on insurance groups and conglomerates.
China's Insurance Regulatory and Supervisory Regime
China's Insurance Regulatory and Supervisory Regime - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook China's Insurance Regulatory and Supervisory Regime write by Wenyu Qian. This book was released on 2019-09-25. China's Insurance Regulatory and Supervisory Regime available in PDF, EPUB and Kindle. The book closely examines the essential aspects of Chinas insurance regulatory and supervisory regime, including rule-making, supervisory objectives, supervisory review process, supervisory measures, supervisory transparency and public consultation. The research aim is to identify the weaknesses inherent in Chinas insurance regulatory model and supervisory mechanisms, and to seek the appropriate ways of resolving these weaknesses. The analysis is conducted through a comparison with the regulatory and supervisory approaches under the EUs Solvency II regime, which serve as a point of reference to facilitate the determination of the foregoing weaknesses and the corresponding resolutions. Dr. Wenyu Qian, LL.M. specialises in insurance and banking law. He has researched into financial law at the universities in Frankfurt and Shanghai for years. His current research interest is in insurance regulation.
