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2019 | OriginalPaper | Buchkapitel

Transparency in the Insurance Contract Law of England

verfasst von : Kyriaki Noussia

Erschienen in: Transparency in Insurance Contract Law

Verlag: Springer International Publishing

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Abstract

Transparency in insurance in English contract law denotes an aspect of insurance law that deserves to be well analysed. Unavoidably, the notion of transparency in insurance contract law refers to the role that transparency plays in insurance law. In other words, we are dealing with the question of the existence and of the exact extent of standards of transparency, i.e., we are dealing with the requirement of transparency, which mainly attaches to the rights and duties of the contractual parties (including product and cost transparency).

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Fußnoten
1
Wandt (2012), pp. 9–10; See general Merkin (2010) and Merkin et al. (2014).
 
2
Wandt (2012), pp. 9–10; See general Merkin (2010) and Merkin et al. (2014).
 
3
Brand (2012), pp. 53–54; See general Merkin (2010) and Merkin et al. (2014).
 
4
Brand (2012), p. 54; See general Merkin (2010) and Merkin et al. (2014).
 
5
Brand (2012), p. 55; See general Merkin (2010) and Merkin et al. (2014).
 
6
The Law Society (2012), file:///C:/Users/kpkn201/Downloads/unfair-consumer-contract-terms-lsresponse.pdf.
 
10
Carter v. Boehm (1766) 3 Burrow 1905.
 
11
Merkin and Gurses (2015), pp. 1005–1007; See general Merkin (2010) and Merkin et al. (2014).
 
12
Assicurazioni Generali SpA v. Arab Insurance Group [2003] Lloyd’s Rep IR 131, at [55]; Brotherton v. Aseguradora Colseguros SA (No.2) [2003] Lloyd’s Rep IR 746, at [12]; HIH Casualty & General Insurance Ltd v. Chase Manhattan Bank [2003] 2 Lloyd’s Rep 61 at [42], Lord Hoffmann; Highlands Insurance Co v. Continental Insurance Co [1987] 1 Lloyd’s Rep 109, 114.
 
13
Pan Atlantic Insurance Co Ltd v. Pine Top Insurance Co Ltd [1994] 2 Lloyd’s Rep 427.
 
14
Sea Glory Maritime Co, Swedish Management Co SA v. AL Sagr National Insurance Co [2013] EWHC 2116 (Comm); Lewis v. Norwich Union Healthcare Ltd [2010] Lloyd’s Rep IR 198.
 
15
Merkin and Gurses (2015), pp. 1005–1007.
 
16
Merkin and Gurses (2015), pp. 1005–1007; See general Merkin (2010) and Merkin et al. (2014).
 
17
Airmic, Airmic calls for insurance law reform, (Strategic Risk, 15 June 2015), http://​www.​strategic-risk-global.​com/​airmic-wants-insurance-law-reform /​1384905.​article; Allianz, Allianz Insurance Embraces the Insurance Act 2015 Reforms’, (garratinsurance.co.uk) http://​garrattsinsuranc​e.​co.​uk/​allianz-insurance-embrace-the-insurance-act-2015-reforms/​.
 
18
Bates v. Hewitt (1866-67) LR 2 QB 595; Morrison v. The Universal Marine Insurance Company (1872-73) LR 8 Ex. 197; Blackburn v. Vigors (1887) 12 App Cas 531; Harrower v. Hutchinson (1869-70) LR 5 Q.B. 584; Haywood v. Rodgers (1804) 4 East 590; Ionides v. Pender (1873-74) LR 9 QB 531; Sibbald v. Hill (1814) II Dow 263; Anderson v. Pacific Fire & Marine Insurance Co (1871-72) LR 7 C.P. 65.
 
19
Drake Insurance plc v. Provident Insurance plc n 24 above; Toomey v. Banco Vitalicio de Espana SA de Seguros y Reasseguros [2004] EWCA Civ 685.
 
20
Pan Atlantic Insurance Co Ltd v. Pine Top Insurance Co Ltd [1994] 2 Lloyd’s Rep 427.
 
21
Assicurazioni Generali SpA v. Arab Insurance Group [2003] Lloyd’s Rep IR 131.
 
22
Eagle Star Insurance Co Ltd v. Games Video Co (GVC) SA, The Game Boy [2004] 1 Lloyd’s Rep 238.
 
23
Merkin and Gurses (2015), pp. 1005–1015; See general Merkin (2010) and Merkin et al. (2014).
 
24
Marc Rich and Co AG v. Portman [1996] 1 Lloyd’s Rep 430; [1997] 1 Lloyd’s Rep 225; WISE Underwriting Agency Ltd v. Grupo Nacional Provincial SA [2004] 2 Lloyd’s Rep 483.
 
25
Merkin and Gurses (2015), pp. 1005–1007; See general Merkin (2010) and Merkin et al. (2014).
 
26
Australia and New Zealand Bank Ltd v. Eagle and Colonial Wharves Ltd [1960] 2 Lloyd’s Rep. 241; Meridian Global Funds Management Asia Ltd v. Securities Commission [1995] 2 AC 500.
 
27
El Ajou v. Dollar Land Holdings plc [1994] 2 All ER 685; Societe Anonyme d’Intermediaires Luxembourgeois v. Farex Gie [1995] LRLR 116.
 
28
Merkin and Gurses (2015), pp. 1005–1015; See general Merkin (2010) and Merkin et al. (2014).
 
30
Eversheds (2015), The Insurance Industry in 2015 – six key developments, (www.​eversheds.​com, 12/1/2015), http://​www.​eversheds.​com/​global/​en/​what/​articles/​index.​page?​ArticleID=​en/​Financial_​institutions/​Insurance_​industry_​_​6_​key_​developments_​in_​2015; Explanatory Notes to the Insurance Act 2015,http://​www.​publications.​parliament.​uk/​pa/​bills/​cbill/​2014-2015/​0155/​en/​15155en.​htm; Law Commission and Scottish Law Commission, Insurance Contract Law: Analysis of Responses and Decisions on Scope, scoping responses paper (August 2006), http://​lawcommission.​justice.​gov.​uk/​areas/​insurance-contract-law.​htm; Law Commission and Scottish Law Commission (2014), Insurance Contract Law: Business Disclosure; Warranties; Insurer’s Remedies for Fraudulent Claims; and Late Payment, Final Report (Law Com № 353/ Scot Law Com № 238, 2014) http://​lawcommission.​justice.​gov.​uk/​ areas/​ insurance-contract-law.​htm.
 
31
Section 17(2) of the Insurance Act 2015.
 
32
Section 17(3) of the Insurance Act 2015.
 
33
Brand (2012), pp. 61–62; See general Merkin (2010) and Merkin et al. (2014).
 
Literatur
Zurück zum Zitat Brand O (2012) Requirements regarding the transparency of standard terms. In: “Transparency in Insurance Law”, AIDA Seminar, Istanbul, 4 May 2012, pp 53–65 Brand O (2012) Requirements regarding the transparency of standard terms. In: “Transparency in Insurance Law”, AIDA Seminar, Istanbul, 4 May 2012, pp 53–65
Zurück zum Zitat Law Society (October 2012) Unfair terms in consumer contracts, a new approach? Issues Paper, UK Law Society (October 2012) Unfair terms in consumer contracts, a new approach? Issues Paper, UK
Zurück zum Zitat Merkin R (2010) Colinvaux’s Law of Insurance, 9th edn. Sweet & Maxwell, London Merkin R (2010) Colinvaux’s Law of Insurance, 9th edn. Sweet & Maxwell, London
Zurück zum Zitat Merkin R, Gurses O (2015) The Insurance Act 2015: rebalancing the interests of insurer and assured. Modern Law Rev 78(6):1004–1027, 1005–1007CrossRef Merkin R, Gurses O (2015) The Insurance Act 2015: rebalancing the interests of insurer and assured. Modern Law Rev 78(6):1004–1027, 1005–1007CrossRef
Zurück zum Zitat Merkin R, Hjalmarsson J, Bugra A, Lavelle J (2014) Marine insurance legislation. CRC Press, Boca RatonCrossRef Merkin R, Hjalmarsson J, Bugra A, Lavelle J (2014) Marine insurance legislation. CRC Press, Boca RatonCrossRef
Zurück zum Zitat Wandt M (2012) Transparency as a General Principle of Insurance Law. In: “Transparency in Insurance Law”, AIDA Seminar, Istanbul, 4 May 2012, pp 9–23 Wandt M (2012) Transparency as a General Principle of Insurance Law. In: “Transparency in Insurance Law”, AIDA Seminar, Istanbul, 4 May 2012, pp 9–23
Metadaten
Titel
Transparency in the Insurance Contract Law of England
verfasst von
Kyriaki Noussia
Copyright-Jahr
2019
Verlag
Springer International Publishing
DOI
https://doi.org/10.1007/978-3-030-31198-8_24