Report of the Liability Insurance Working Party

Document description

This is the first paper to be produced by the General Insurance Study Group on the subject of liability insurance. This is such a potentially broad subject that we need to constrain our ambitions in order to produce a useful paper. The aim of the group is to provide a background to the concept of liability itself and some of the special features of its insurance. We have tried not to restrict our thinking either by class or territory but the examples we provide naturally reflect the background of the group. In making the paper general, while avoiding excessive length, we have had to cover the subject without dealing with any one aspect in depth.