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The Reform of English Insurance Law -Attracting Business in the 21st Century
( Andrew Mcgee ) 고려대학교 법학연구원 2015 The Asian Business Lawyer Vol.16 No.-
English Maurice law continues to be important throughout the world and especially in Korea because it is commonly the chosen law for insurance policies which have nothing to do with England. That law has undergone significant reforms in recent years with the Consumer Insurance (Disclosure and Representations) Act 2012 and the Insurance Act 2015 (due to come into force August 2016). These Acts make significant changes to the law on non-disclosure, misrepresentation and breach of warranty. This article considers those changes from both legal and economic perspectives.