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Statutory regulation of short term business

Author:
William M Abbott
Source:
General Insurance Convention 1982
Publication date:
30 September 1982
File:
PDF 1005.83 KB
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Document description

This monograph is concerned with the statutory regulation of short-term business. It covers regulatory aspects affecting the contract of insurance and regulation of the insurer. It does not cover tax legislation. With its lack of codification, the development of statutory regulation in the UK has been one of reaction to adverse events or to threats of adverse events. As a result the current legislation may be criticised as being somewhat haphazard and with a certain lack of cohesion. The bulk of the legislation has been directed towards the protection of the consumer.