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Vol 22 No 12 Dec 17/Jan 18

Book of the Month

Cover of McGregor on Damages

McGregor on Damages

Edited by: James Edelman, Simon Colton, Jason Varuhas
Price: £440.00

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A Guide to Insurance: Governance, Compliance and Regulation (eBook)

ISBN13: 9781907444579
Published: January 2012
Publisher: Spiramus Press Ltd
Country of Publication: UK
Format: eBook (ePub)
Price: £66.63 + £13.32 VAT
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Insurance has become a highly specialised area, and understanding insurance requires an insight into the changing regulatory environment as well as an understanding of the challenges affecting insurance companies.

The author, a practising lawyer and international insurance practitioner, examines the practice of insurance law as an issue of governance. He applies a practical approach to insurance regulatory law (both domestic and international) and provides a guide to current trends, markets and policy choices facing governments and regulators.

The book covers the way captives as well as open market insurers are regulated, how they operate and what the potential issues are. Written in a clear and understandable manner, the book is designed to be of use to both practitioners and students. Robin Amos provides a chapter on Own Risk and Solvency Assessment (“ORSA”), part of the Solvency II project which is planned to improve the prudential supervision of insurers in the European Union. Solvency II is expected to be in force on 1 January 2014.

Insurance Law, eBooks
1. The concept of risk in commerce
2. Selection of domicile
3. Business, market and regulatory issues for captives and insurers
4. Insurance company failure
5. Ownership, management and financing
6. Supervision
7. System of governance
8. Regulatory arbitrage
9. A guide to ‘ORSA’ for captives and small insurers
10. General conclusion and summary
11. Epilogue
Board of directors terms of reference and code of ethics
The Bermuda insurance code of conduct code
The Guernsey licensed insurers’ corporate governance code
Insurance intermediary contract clauses
Corporate governance questionnaire
Quinn insurance court report