Birds’ Modern Insurance Law, 9/e - Taxsutra Reservoir

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Birds’ Modern Insurance Law, 9/e

Birds’ Modern Insurance Law, 9/e

by Birds
About Book:

There have been a number of interesting case law developments since the 8th edition, but perhaps the most significant changes in this edition are legislative. Foremost among these has to be the Consumer Insurance (Disclosure and Representations) Act 2012, which affects the first ever significant reform of insurance contract law since its genesis largely in the times of Lord Mansfield in the 18th century. The Commencement Order bringing it into force was made just before this edition went to press. It is almost 50 years since the first official recommendations for reform of the law of non-disclosure and misrepresentation in insurance were made by the Law Reform Committee! However, as the Act has only prospective effect it remains necessary, even for consumer insurance contracts, to be aware of the previous law and it looks likely that core elements of it will be retained under reforms recommended for business insurance contracts. However, as the Act effectively enacts the approach taken by the Financial Ombudsman Service in dealing with insurance complaints and follows the rules of the Financial Services Authority, detailed discussion of the latter can be, and has been, dispensed with.

Categories: International Titles, Other Laws
Publisher: Thomson Reuters South Asia Private Limited
About Publisher:

Thomson Reuters is one of the world’s most trusted providers of answers, helping professionals make confident decisions and run better businesses. Thomson Reuters, India, Legal is a part of this group and publishes legal content covering a spectrum of topics by leading experts and professionals in this domain. Newgen, a contracting affiliate of Thomson Reuters, India, Legal produces and promotes these publications on their behalf across South East Asia. 

Author: Birds

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About Book:

There have been a number of interesting case law developments since the 8th edition, but perhaps the most significant changes in this edition are legislative. Foremost among these has to be the Consumer Insurance (Disclosure and Representations) Act 2012, which affects the first ever significant reform of insurance contract law since its genesis largely in the times of Lord Mansfield in the 18th century. The Commencement Order bringing it into force was made just before this edition went to press. It is almost 50 years since the first official recommendations for reform of the law of non-disclosure and misrepresentation in insurance were made by the Law Reform Committee! However, as the Act has only prospective effect it remains necessary, even for consumer insurance contracts, to be aware of the previous law and it looks likely that core elements of it will be retained under reforms recommended for business insurance contracts. However, as the Act effectively enacts the approach taken by the Financial Ombudsman Service in dealing with insurance complaints and follows the rules of the Financial Services Authority, detailed discussion of the latter can be, and has been, dispensed with.

Categories: International Titles, Other Laws
Publisher: Thomson Reuters South Asia Private Limited
About Publisher:

Thomson Reuters is one of the world’s most trusted providers of answers, helping professionals make confident decisions and run better businesses. Thomson Reuters, India, Legal is a part of this group and publishes legal content covering a spectrum of topics by leading experts and professionals in this domain. Newgen, a contracting affiliate of Thomson Reuters, India, Legal produces and promotes these publications on their behalf across South East Asia. 

Author: Birds

Similar Books

Ratings and Reviews

Overall Rating
Review
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