This thoroughly revised second edition of the Research Handbook on International Insurance Law and Regulation provides an updated assessment of the insurance industry in an international context, featuring 30 chapters, of which half are new for this edition, written by expert academics and practising lawyers. Produced in association with Lloyd’s of London, chapters provide in-depth studies on key areas including judicial interpretation of insurance contract clauses and transnational regulatory recognition, as well as overviews on important international jurisdictions such as the EU, Japan and the US. This comprehensive second edition critically analyses how insurance law and regulation have responded to the growth in sophisticated technology, the burgeoning climate crisis, and the development of new insurance structures. This Research Handbook will appeal to legal students and academics, particularly those with an interest in commercial law, finance and banking law, and insurance law. This book will also be beneficial for policymakers and private practice lawyers working in the commercial legal sector.

Given its economic importance, insurance is a field that has been underserved as an area of academic study. This detailed book provides much needed coverage of insurance law and regulation in its international context. Produced in association with Lloyd's, it draws on the expertise both of academics and practicing lawyers. Containing 30 comprehensive chapters, it provides in-depth studies on key areas, such as the role of international organizations, the judicial interpretation of insurance contract clauses and transnational regulatory recognition. It also provides thorough introductions to important jurisdictions, including the EU, US and Japan as well as focusing on newly emerging economies such as China and Brazil. Specialist topics covered include regulation by and of Lloyd's, the tort of bad faith in the US, microinsurance and takaful insurance. This well-documented resource will appeal to academics and students in insurance law and regulation, policy makers and private practice lawyers. The book also aims to stretch the imagination of anyone with an interest in insurance law and regulation, providing detailed analysis and avenues for further investigation. Contributors: A. Abramovsky, S. Bessman, M.E. Boardman, O. Brand, J. Burling, A. Chatterjee, M. Clarke, L.R. Cohen, R. Cox, A. Flanagan, R. Ford, H. Geiger, I. Goldberg, J. Goodliffe, B. Haken, W. Han, P. Hassouri, H. Heiss, W. Heukamp, W. Hoffman, M. Hoyle, P. Kochenburger, B. Kuschke, M. Lakhan, K. Lazarus, J. Lowry, I. Mason, M. Mendelowitz, R. Merkin, S. Midlige, R. Miller, D. Moreira, J. Mulhern, K. Noussia, S. Ochiai, P. Pohlmann, R. Purves, R. Re, P. Salve, D. Simpson, J. Smethurst, L. Steinberg, S. Takahashi, R. Takeda, R. Tischner, D. Whear, H.-Y. Yeo

The unique features of the Lloyd s Corporation and Market and their governing rules are complex and are often difficult to navigate even for the most seasoned practitioner. This book provides the reader with a definitive and detailed guide, and is essential for any practitioner dealing with Lloyd s Insurance.

After a brief historical account, the book provides a thorough legal description and analysis of Lloyd s, which includes topics ranging from the constitution and membership requirements of Lloyd s, UK and overseas regulation, the processes for placing and underwriting business and handling claims, chain of security, enforcement and disciplinary matters, compensation and the reconstruction and the renewal of the Lloyd s market between 1990 and 1996.

The book will be an invaluable reference tool for insurance practitioners and professionals dealing with Lloyd s.

Julian Burling is a barrister at Serle Court, and has been involved in advising on and implementing nearly all significant legal developments at Lloyd s in the last 25 years."