The Dematerialized Insurance

Author : Pierpaolo Marano,Ioannis Rokas,Peter Kochenburger
Publisher : Springer
Page : 395 pages
File Size : 48,5 Mb
Release : 2016-08-03
Category : Law
ISBN : 9783319284101

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The "Dematerialized" Insurance by Pierpaolo Marano,Ioannis Rokas,Peter Kochenburger Pdf

This book adopts an international perspective to examine how the online sale of insurance challenges the insurance regulation and the insurance contract, with a focus on insurance sales, consumer protection, cyber risks and privacy, as well as dispute resolution. Today insurers, policyholders, intermediaries and regulators interact in an increasingly online world with profound implications for what has up to now been a traditionally operating industry. While the growing threats to consumer and business data from cyber attacks constitute major sources of risk for insurers, at the same time cyber insurance has become the fastest growing commercial insurance product in many jurisdictions. Scholars and practitioners from Europe, the United States and Asia review these topics from the viewpoints of insurers, policyholders and insurance intermediaries. In some cases, existing insurance regulations appear readily adaptable to the online world, such as prohibitions on deceptive marketing of insurance products and unfair commercial practices, which can be applied to advertising through social media, such as Facebook and Twitter, as well as to traditional written material. In other areas, current regulatory and business practices are proving to be inadequate to the task and new ones are emerging. For example, the insurance industry and insurance supervisors are exploring how to review, utilize, profit from and regulate the explosive growth of data mining and predictive analytics (“big data”), which threaten long-standing privacy protection and insurance risk classification laws. This book’s ambitious international scope matches its topics. The online insurance market is cross-territorial and cross-jurisdictional with insurers often operating internationally and as part of larger financial-services holding companies. The authors’ exploration of these issues from the vantage points of some of the world’s largest insurance markets – the U.S., Europe and Japan – provides a comparative framework, which is necessary for the understanding of online insurance.

Author : Daniele Frescurato
Publisher : Kluwer Law International B.V.
Page : 430 pages
File Size : 45,6 Mb
Release : 2021-04-22
Category : Law
ISBN : 9789403532844

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The Concept of Permanent Establishment in the Insurance Business by Daniele Frescurato Pdf

siness models adopted by insurance companies; and comparative analysis of double tax treaty policies adopted in a number of countries with respect to the permanent establishment provision in the insurance business, highlighting Switzerland for comparative purposes. In a concluding chapter, the author proposes changes to the definition of the dependent agent permanent establishment currently enshrined in the model treaties and their respective commentaries, aligning such a definition to the regulatory framework in which insurance companies conduct their business in countries other than that of incorporation. As a highly significant and timely contribution to the study of the interplay between insurance regulation and tax implications, this very original work will prove of especial value to practitioners in international tax and insurance law, as well as professionals in the financial services sector and tax academics.

Author : Pierpaolo Marano,Ioannis Rokas
Publisher : Springer
Page : 258 pages
File Size : 53,5 Mb
Release : 2019-03-27
Category : Law
ISBN : 9783030116682

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Distribution of Insurance-Based Investment Products by Pierpaolo Marano,Ioannis Rokas Pdf

The book addresses a topic at the intersection of two heavily regulated sectors: insurance and investment services. Until recently, scholars and professionals have approached insurance and investment services as two separate categories in the financial services sector, and as being governed by separate regulatory frameworks. In practice, however, the boundaries were and are blurred, a reality that regulators have begun to recognize and address in their more recent regulatory texts. The first part of the book approaches the new standards applicable to investment products based on insurance: insurance-based investment products (IBIPs). These rules are harmonized across the EU. The rationale behind this new definition is provided, together with a description of these products’ limitations. The analysis addresses the new rules and explores the legal regime and relevant standards applicable to IBIPs. The organizational rules concerning the design and distribution of IBIPs are also examined, and the book highlights e.g. how these rules are inspired by the principles of conduct. In closing, the ADR systems are analysed, in order to ascertain whether or not they can offer an effective tool for settling disputes over these products. In turn, the second part focuses on the liability for distribution of IBIPs, which ranks as one of the most conspicuous and relatively new legal phenomena, but at the same time, represents an exceptionally important field of civil liability in today’s world. Liability is still regulated at the national level. Thus, the four largest life insurance markets in the EU are considered, along with the largest emerging market for life insurance. The chapters on national laws also consider whether, and if so, how the new harmonized rules on IBIPs are being combined with those already in force in the jurisdictions considered. The goal is to determine whether the new rules are likely to change the doctrine and case law approach to these products, or whether the European legislators’ choices have no real impact on the protection of clients.

Author : Pierpaolo Marano,Kyriaki Noussia
Publisher : Springer Nature
Page : 439 pages
File Size : 43,7 Mb
Release : 2021
Category : Bank marketing
ISBN : 9783030527389

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Insurance Distribution Directive by Pierpaolo Marano,Kyriaki Noussia Pdf

This open access volume of the AIDA Europe Research Series on Insurance Law and Regulation offers the first comprehensive legal and regulatory analysis of the Insurance Distribution Directive (IDD). The IDD came into force on 1 October 2018 and regulates the distribution of insurance products in the EU. The book examines the main changes accompanying the IDD and analyses its impact on insurance distributors, i.e., insurance intermediaries and insurance undertakings, as well as the market. Drawing on interrelations between the rules of the Directive and other fields that are relevant to the distribution of insurance products, it explores various topics related to the interpretation of the IDD - e.g. the harmonization achieved under it; its role as a benchmark for national legislators; and its interplay with other regulations and sciences - while also providing an empirical analysis of the standardised pre-contractual information document. Accordingly, the book offers a wealth of valuable insights for academics, regulators, practitioners and students who are interested in issues concerning insurance distribution.--

Author : Margarida Lima Rego,Birgit Kuschke
Publisher : Springer Nature
Page : 264 pages
File Size : 45,9 Mb
Release : 2022-02-15
Category : Law
ISBN : 9783030827045

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Insurance and Human Rights by Margarida Lima Rego,Birgit Kuschke Pdf

This volume examines the impact of and interplay between human rights and insurance. National, supranational and international legal instruments regulating the taking-up and pursuit of the business of insurance and reinsurance, (re)insurance distribution and the insurance contract often refer to or impact on human or fundamental rights. Courts are often faced with the sometimes seemingly impossible task of reconciling insurance core principles, practices and mind-sets with the principles and values stemming from human rights protection. In some cases, such as that of discrimination in insurance, this discussion has been going on for decades. Some deal with hot topics which have more recently emerged in light of developments stemming from technologic innovations (‘InsurTech’). The first part of the book focuses on insurance and the right to equal treatment. Discrimination on the basis of factors such as gender or age is tackled, from the perspectives of the European Union, Canada and South Africa. The second part of the book highlights the very relevant role played by insurance in the upholding of the right to health, covering the United States of America, Africa and Brazil. The third part of the book explores InsurTech's manifold challenges upon the right to privacy, focusing on European Union. The fourth part tackles the threat posed by insurance on the right to life in general, but with a particular focus on the United Kingdom. Written by legal scholars and practitioners, the book offers international, comparative and regional or national perspectives, aiming to contribute to a more thorough and systematic understanding of the interactions between these two very different fields of law, providing the industry as well as the scientific community with insights from both sides of this seemingly difficult to transpose divide.

Author : Svetlana Ashmarina,Anabela Mesquita,Marek Vochozka
Publisher : Springer
Page : 717 pages
File Size : 42,6 Mb
Release : 2019-02-05
Category : Technology & Engineering
ISBN : 9783030113674

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Digital Transformation of the Economy: Challenges, Trends and New Opportunities by Svetlana Ashmarina,Anabela Mesquita,Marek Vochozka Pdf

This book gathers the best contributions from the conference “Digital Transformation of the Economy: Challenges, Trends and New Opportunities”, which took place in Samara, Russian Federation, on May 29–31, 2018. Organized by Samara State University of Economics (Samara), Russia, the conference was devoted to issues of the digital economy.Presenting international research on the impact of digitalization on economic development, it includes topics such as the transformation of the institutional environment under the influence of informatization, the comparative analysis of the digitalization development in different countries, and modeling the dependence of the rate of change in the economy on the level of the digitalization penetration into various spheres of human activity. It also covers business-process transformation in the context of digitalization and changes in the structure of employment and personnel training for the digital economy. Lastly, it addresses the issue of ensuring information security and dealing with information risks for both individual enterprises and national economies as a whole. The book appeals to both students and researchers whose interests include the development of the digital economy, as well as to managers and professionals who integrate digital solutions into real-world business practice.

Author : Igor Kabashkin,Irina Yatskiv,Olegas Prentkovskis
Publisher : Springer Nature
Page : 542 pages
File Size : 52,5 Mb
Release : 2023-02-20
Category : Technology & Engineering
ISBN : 9783031266553

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Reliability and Statistics in Transportation and Communication by Igor Kabashkin,Irina Yatskiv,Olegas Prentkovskis Pdf

This book reports on cutting-edge theories and methods for analyzing complex systems, such as transportation and communication networks and discusses multi-disciplinary approaches to dependability problems encountered when dealing with complex systems in practice. The book presents the most relevant findings discussed at the 22nd International Multidisciplinary Conference on Reliability and Statistics in Transportation and Communication (RelStat), which took place on October 20 – 21, 2022, in Riga, Latvia, in hybrid mode. It spans a broad spectrum of advanced theories and methods, giving a special emphasis to the integration of artificial intelligent concepts into reliability approaches.

Author : Katarzyna Malinowska
Publisher : Kluwer Law International B.V.
Page : 474 pages
File Size : 46,5 Mb
Release : 2017-03-15
Category : Law
ISBN : 9789041167866

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Space Insurance: International Legal Aspects by Katarzyna Malinowska Pdf

Insurance related to outer space activities has been around since the 1960s, but has become vastly more significant with the increased commercial use of satellites. This book focuses on the legal aspects of space insurance in the contractual context, analysing space risk as well as the insurance terms used on the market. It offers the first in-depth coverage, both practical and theoretical, of space insurance from an international law perspective. Attending throughout to the important and problematic distinction between the space segment (upstream) and ground segment (downstream) in space law, this book deals comprehensively with such issues and topics as the following: - the main hazards relating to space activities; - the impact of new space technologies on the level of risk and insurance; - the differing types of risks attributable to various entities in the context of insurable interest; - aspects of the space risk allocation regimes and risk assessment; - the impact of the five ‘space treaties’ – the Outer Space Treaty, the Liability Convention, the Rescue Agreement, the Registration Convention and the Moon Agreement – on the subject and scope of insurance coverage; - the advent of suborbital flight, commercial human space flight and space tourism in the context of emerging insurance risks; - the problem of space debris; - contractual aspects of space activities affecting the space insurance risks; - basic notions such as ‘outer space’, ‘space object’ in the context of space activities and related insurance coverage; - basic insurance principles and their operation in the space insurance; and - the adjustment of losses and the settlement of disputes in space insurance. The author emphasises the need to understand the various insurance risks facing particular types of commercial space activities, including pre-launch, launch, transportation, spaceflight, satellite communications, satellite navigation, satellite remote sensing and space station operation. Satellites are increasingly a vital part of many daily activities of contemporary society and the Earth’s orbit is becoming ever more crowded, heightening the risks of collision, damage and claims. This thoroughly researched book will therefore be extremely useful to lawyers, policymakers and academics tasked with defining the scope of insurance coverage that accurately mirrors technological, contractual and legal reality. Its practical aspect will be of extraordinary value to insurance lawyers, underwriters and brokers.

Author : Ngoc Thanh Nguyen,George A. Papadopoulos,Piotr Jędrzejowicz,Bogdan Trawiński,Gottfried Vossen
Publisher : Springer
Page : 630 pages
File Size : 40,9 Mb
Release : 2017-09-18
Category : Computers
ISBN : 9783319670775

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Computational Collective Intelligence by Ngoc Thanh Nguyen,George A. Papadopoulos,Piotr Jędrzejowicz,Bogdan Trawiński,Gottfried Vossen Pdf

This two-volume set (LNAI 10448 and LNAI 10449) constitutes the refereed proceedings of the 9th International Conference on Collective Intelligence, ICCCI 2017, held in Nicosia, Cyprus, in September 2017. The 117 full papers presented were carefully reviewed and selected from 248 submissions. The conference focuseson the methodology and applications of computational collective intelligence, included: multi-agent systems, knowledge engineering and semantic web, social networks and recommender systems, text processing and information retrieval, data mining methods and applications, sensor networks and internet of things, decision support & control systems, and computer vision techniques.

Author : Rado Bohinc
Publisher : Kluwer Law International B.V.
Page : 169 pages
File Size : 52,5 Mb
Release : 2020-11-20
Category : Law
ISBN : 9789403529356

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Corporations and Partnerships in Slovenia by Rado Bohinc Pdf

Derived from the renowned multi-volume International Encyclopaedia of Laws, this practical analysis of the law of business formations in Slovenia provides quick and easy guidance on a variety of corporate and partnership considerations such as mergers, rights and duties of interested parties, stock exchange rules, labour laws, and takeovers. Lawyers who handle transnational business will appreciate the explanation of local variations in terminology and the distinctive concepts that determine practice and procedure. A general introduction covering historical background, definitions, sources of law, and the effect of international private law is followed by a discussion of such aspects as types of formation, capital, shares, management, control, liquidation, mergers, takeovers, holding companies, subsidiaries, and taxation. Big companies, various types of smaller entities, and partnerships are all covered in turn. These details are presented in such a way that readers who are unfamiliar with specific terms and concepts in varying contexts will fully grasp their meaning and significance. Thorough yet practical, this convenient volume puts the information necessary for corporations to compete effectively at the user’s fingertips. An important and practical tool for business executives and their legal counsel interested in engaging in an international partnership or embarking on corporate expansion, this book will prove a valuable time-saving tool for business and legal professionals alike. Lawyers representing parties with interests in Slovenia will welcome this very useful guide, and academics and researchers will appreciate its value in the study of comparative business law.

Author : Saghir Ahmad Ansari
Publisher : Mittal Publications
Page : 248 pages
File Size : 54,9 Mb
Release : 2006-01-01
Category : Banks and banking
ISBN : 8183241468

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Financial Reforms in India by Saghir Ahmad Ansari Pdf

Author : Lawrence W. Newman
Publisher : Juris Publishing, Inc.
Page : 2018 pages
File Size : 42,6 Mb
Release : 2014-03-01
Category : Law
ISBN : 9781929446360

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Attachment of Assets by Lawrence W. Newman Pdf

Practitioners from leading firms in over 90 countries provide practical information about procedural and substantive issues regarding attachment of assets. Because the availability of attachments in advance of judgments can make the difference between success and failure in a lawsuit for money damages, and because attachments may often be obtained in places far removed from the venues of proceedings on the merits, it is important for litigation counsel to be aware of the potential for multi-jurisdictional assaults on the assets of their clients or of their clients’ adversaries. Attachment of Assets is designed to give practical information and guidance to lawyers and businessmen who are interested in securing expected future judgments and in making strategic decisions concerning the deployment of moveable assets in the face of possible attachments of them. The chapters, each discussing the requirements of a separate country, are written by lawyers with practical expertise in this field. The procedure by which attachments are obtained vary, ranging from court orders authorizing a court official to take custody of a defendant’s assets to orders restraining the defendant from transferring his assets. The effects of such orders differ as well: some create a lien superior to those of other creditors and others do no more than immobilize the debtor’s assets, leaving them open to being levied upon by later-arriving judgment creditors. Countries vary in the ways in which they permit attachments to be carried out -- whether, for example, all of the banks in a given city may be served with attachment notices or orders. They vary as well with respect to the information that is imparted to the attaching creditor after attachment orders have been served. Some rules make available to creditor information concerning the value of assets on which they have successfully levied, while others leave creditors in the dark, or dependent on informal hints from garnishees as to whether or not pay dirt has been struck. Most importantly, jurisdictional requirements for the issuance of attachment orders are not similar. Some countries permit attachments only if the defendant is subject to the jurisdiction of their courts with respect to the merits of the case. Others are less demanding, permitting attachments solely on the basis and to the extent of the presence of the assets successfully attached. It is probably fair to say that, in many foreign jurisdictions, the protection of creditors through fraudulent conveyance laws and the like is inadequate, or even, as a practical matter, unavailable. The enforcement of judgments is therefore often dependent on a creditor’s ability to obtain -- early, even prior to the commencement of a lawsuit -- a prejudgment attachment (or the equivalent) of his debtor’s assets. The extent to which attachments are obtainable in various countries of the world and the basis under which they may be obtained under local law are the focus of Attachment of Assets. Format of Publication: Organized in a uniform question and answer format that addresses the receptiveness of each country toward the attachment of assets; the procedural requirements for filing for attachment; reciprocity; treaty provisions; and defenses. Every Chapter is organized with the same special three part arrangement - allowing you to quickly and easily locate the information you need for each country. Part I contains a survey of the current attitude of each country’s courts and government toward the attachment of assets, including anticipated changes and recent cases. Part II discusses procedure the judgment creditor must follow to file for the attachment of assets in the other country, including translation of the judgment, currency conversion, attorneys’ fees and recovery of interest. Part III summarizes the requirements the judgment creditor must meet for attachment, and the defense the judgment, and the defenses the judgment debtor must establish to prevent attachment.

Author : Subrata Mukherjee
Publisher : Vikas Publishing House
Page : 128 pages
File Size : 51,5 Mb
Release : 2024-06-17
Category : Electronic
ISBN : 9789354534836

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Security Analysis and Portfolio Management by Subrata Mukherjee Pdf

The theories in the topics of SAPM have been given in detail and in an analytical manner, and their practical applications have been illustrated with examples and case studies, which are often taken from the real world. It follows a learning-outcome-based approach, and it is packed with rich chapter-end exercises to reinforce learning. It is designed to be a comprehensive textbook for all senior-level postgraduate students of MBA-Finance, PGDM-Finance, and M.Com. programs, and final-level students of other professional courses like CA, CMA, CS and CFA. Investors will find this book to be of an immensely useful reference.

Author : KLARAPOWER OPPENHEIM (JENNY.),Jenny Power
Publisher : Martinus Nijhoff Publishers
Page : 254 pages
File Size : 48,9 Mb
Release : 2023-12-11
Category : Law
ISBN : 9789004640986

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Hungarian Business Law by KLARAPOWER OPPENHEIM (JENNY.),Jenny Power Pdf

Seven years have past since the first edition of Hungarian Business Law was published. The changes that have taken place since that time in the Hungarian legal landscape are significant. In addition to the oft-discussed political, social and economic change that swept Eastern Europe in the last decade, Hungary has also become increasingly oriented towards the emerging single European market. This book is meant to give businesses considering Hungary as a site for activities, as well as businesses already operating here, a summary of the commercial legal system governing such activities. It is intended as a useful guide for practicing lawyers and businessmen.

Author : Ian Frazier
Publisher : Farrar, Straus and Giroux
Page : 141 pages
File Size : 48,6 Mb
Release : 2021-09-07
Category : Humor
ISBN : 9780374603083

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Cranial Fracking by Ian Frazier Pdf

Dispatches from the front lines of American culture by the great humorist Ian Frazier, “America’s greatest essayist” (Los Angeles Times), has gathered his insights on the most urgent issues of today in Cranial Fracking. From climate change (what did Al Gore say at his colloquium on the rising temperatures in Hell?) to the state of culture (what do you do when you’re afflicted with Loss of Funding?) to Texas (what should we do with Texas?), he has all the answers. Or, at the very least, a lot of questions. Frazier is endlessly curious and perpetually delighted, and seeing the absurdity of the world through his eyes is irresistible. Once more, the author of Hogs Wild and Travels in Siberia has struck oil.