Research Handbook on International Insurance Law and Regulation

Edited by Julian Burling, Barrister, Serle Court, Lincoln’s Inn (formerly Counsel to Lloyd’s) and Kevin Lazarus, Solicitor, Lloyd’s, UK

Contents:

Lloyd’s

Foreword
Richard Ward

Introduction
Julian Burling and Kevin Lazarus

PART I: INSURANCE CONTRACT LAW
1. An Introduction to Insurance Contract Law
Malcolm Clarke

2. Methodology: Applying Economics to Insurance Law – An Introduction
Lloyd R. Cohen and Michelle E. Boardman

3. Definition: Different Common Law and Civil Law Approaches to the Definition of Insurance
Kyriaki Noussia

4. Pre-contractual Information Duties: The Insured’s Pre-Contractual Duty of Disclosure – Convergence Across the Jurisdictional Divide
John Lowry

5. Contract Terms: Judicial Approaches to the Interpretation of Insurance Contracts
Oliver Brand

6. Claims: An Overview of the US Tort of ‘Bad Faith’ – A Common Law Approach to Regulating Insurer Claims Handling and Settlements
Suzanne Midlige, Robert Re and William Hoffman

7. Reinsurance: Finding the Balance between Reinsurers’ and Reinsureds’ interests
Rob Merkin and Michael Mendelowitz

8. Closing Books of Business: The Challenge of Fairness and Finality
David Whear and Bob Haken

9. Choice of Law: New York and English Approaches to Insurance and Reinsurance Contracts
Raymond Cox QC

PART II: INSURANCE REGULATION
10. An Introduction to Insurance Regulation
Peter Kochenburger and Patrick Salve

11. History: A History of Insurance Regulation in the UK
Robin Ford

12. International Organisations: Their Role and Interconnectivity in Insurance Regulation
Louise Steinberg

13. Transnational Supervisory Recognition: A Macro-jurisdictional Overview
Hermann Geiger

14. Principles-based Insurance Regulation: Lessons to be Learned from a Comparison of the EU and German Law of Risk Management
Petra Pohlmann

15. Conduct of Business Regulation: A Survey of the UK Regime and a Comparison with the US, German and Hong Kong Approach
James Smethurst, Wessel Heukamp, Jonathan Goodliffe and Royce Miller

16. Enforcement: A Survey of Three Approaches to Insurance Regulatory Enforcement: The USA, the UK and Sweden
Aviva Abramovsky, Ian Mason, Robert Tischner and Stefan Bessman

17. Lloyd’s: Its Authorisation in the United Kingdom and Overseas
Julian Burling

18. Lloyd’s: The Development of Performance Management
Kevin Lazarus

PART III: DEVELOPING AREAS OF INSURANCE LAW AND REGULATION
19. Microinsurance: The Value Proposition at the Base of the Pyramid
Arup Chatterjee

20. Takaful Insurance: Squaring the Insurance Circle in Islamic Law
Mark Hoyle

21. Alternative Risk Transfer: Risk Transfer Solutions at the Margins of Insurability – The Legal and Regulatory Challenges
Patrick Salve and Douglas Simpson

22. E-Commerce: The Regulation of Insurance in the Age of the Internet
Anne Flanagan

PART IV: REGIONAL STUDIES IN INSURANCE LAW AND REGULATION
23. Europe: Towards a Harmonised European Insurance Contract Law – The PEICL
Helmut Heiss, Malcolm Clarke and Mandeep Lakhan

24. Europe: The Architecture and Content of EU Insurance Regulation
Robert Purves

25. USA: A Regulatory Overview of the World’s Largest Insurance Market
John Mulhern, Parimah Hassouri and Daren Moreira

26. Singapore: Maintaining a Law and Regulation for a Modern Trading State
Hwee-Ying Yeo

27. Brazil: The Transition of Law and Regulation from State Control to Market Freedom
Ilan Goldberg

28. China: Developments in Insurance Law and Regulation in the People’s Republic
Wenhao Han

29. Japan: The Insurance Concept in the Insurance Act and the Insurance Business Act
Seiichi Ochiai, Shinichi Takahashi and Ryoko Takeda

30. South Africa: Insurance Law and Regulation in the Rainbow Nation
Birgit Kuschke

Index