Insurance Law in Latvia

Author: Vadim Mantrov
Publisher: Kluwer Law International
ISBN: 9789403505237
Published In: December 2018
Format: Paperback
Jurisdiction: Latvia ? Disclaimer:
Countri(es) stated herein are used as reference only

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Description
Contents

Details

Derived from the renowned multi-volume International Encyclopaedia of Laws, this book provides valuable practical insight into both public supervisory legislation concerning insurance and private insurance contract law in Latvia. An informative general introduction surveying the legal, political, financial, and commercial background and surroundings of insurance provides a sound foundation for the specific detail that follows.

The book covers all essential aspects of the law and regulation governing insurance policies and instruments. Its detailed exposition includes examination of the form of the insurance company and its reserves and investments; the insurance contract; the legal aspects of the various branches of property and liability insurance; motor vehicle insurance schemes; life insurance, health insurance, and workmen’s compensation schemes; reinsurance, co-insurance, and pooling; taxation of insurance; and risk management and prevention.

Succinct yet eminently practical, the book will be a valuable resource for lawyers handling cases affecting Latvia. It will be of practical utility to those both in public service and private practice called on to develop and to apply the laws of insurance, and of special interest as a contribution to the much-needed harmonization of insurance law.

The Author

List of Abbreviations

Preface

General Introduction

Part I. The Insurance Company

Chapter 1. The Insurance Company: Its Form

Chapter 2. Access to Business: Authorisation – Requirements and Procedures

Chapter 3. Supervision

Chapter 4. Technical Reserves and Investments

Chapter 5. Accountancy

Chapter 6. Taxation of the Company

Part II. The Insurance Contract: General

Chapter 1. Generalities (Characteristics, Interpretation, Categories, General Principles)

Chapter 2. Essential Elements (Essentialia Negotii) of an Insurance Contract

Chapter 3. Formation of the Insurance Contract (Precontractual Phase, Actual Formation of the Contract, Validity Requirements, Proof of the Contract; Insurance Policies)

Chapter 4. Term of an Insurance Contract

Chapter 5. Duties of a Policyholder (Insured)

Chapter 6. Duties of the Insurer

Chapter 7. Insurance and Third Parties (Third-Party Beneficiary Clauses, Direct Action, etc.)

Chapter 8. Duty to Pay Interest

Chapter 9. Termination of the Insurance Contract (End of Term, Disappearance of the Risk, Cancelling of the Contract, Statute of Limitations, etc.)

Chapter 10. Limitation Period (Prescription Period)

Part III. Property and Civil Liability Insurance

Chapter 1. Property and Liability Insurance in General

Chapter 2. Property Insurance in General

Chapter 3. Liability Insurance (General Liability Insurance, Professional Liability, Product Liability, Environmental Insurance, etc.)

Chapter 4. Other Specific Types of Insurance