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Law of Export Credit Insurance and Guarantees (Hardcover)
Loot Price: R4,488
Discovery Miles 44 880
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Law of Export Credit Insurance and Guarantees (Hardcover)
Expected to ship within 12 - 19 working days
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Examining the law of export credit insurance and export credit
guarantees, this book clarifies the legal nature of ECI and ECGs as
insurance and guarantees respectively by comparing their legal
characteristics regarding contract formation process, terms and
conditions, duty of fair presentation, claim handling process and
subrogation and recoveries. It further explores why some export
credit agencies provide export credit guarantees in addition to
export credit insurance, notwithstanding that an ECG is a more
client-friendly product and easier than ECI for banks to use.
Analysing the legal principles applicable to export credit
insurance and export credit guarantees reflected by English case
authorities and statutory law, the book is a doctrinal study
informed by substantive empirical research. It studies a large
number of export credit insurance and export credit guarantee
contractual terms, to propose several model clauses and scrutinise
the influences of the Insurance Act 2015 on ECI. This book is an
important reference for students, academics and practitioners in
the field of commercial and insurance law. In particular, it seeks
to provide guidelines for all potential parties who wish to arrange
an ECI/ECG transaction, including export credit agencies, private
credit insurers, brokers, banks, exporters and buyers, to correctly
identify and choose the suitable cover.
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