The insurer’s duty of disclosure under Cambodian insurance law: A comparative perspective

The aim of this paper is to explore the current state of insurance law in Cambodia, the legal framework of the insurer’s duty of good faith (duty to inform), and the regulation enacted in the Cambodian Insurance Law in recent years. The amendment made to Cambodian insurance law in 2014 took a worthy...

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Main Author: Chou Meng
Format: Article
Language:English
Published: Taylor & Francis Group 2020-01-01
Series:Cogent Social Sciences
Subjects:
Online Access:http://dx.doi.org/10.1080/23311886.2020.1809142
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author Chou Meng
author_facet Chou Meng
author_sort Chou Meng
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description The aim of this paper is to explore the current state of insurance law in Cambodia, the legal framework of the insurer’s duty of good faith (duty to inform), and the regulation enacted in the Cambodian Insurance Law in recent years. The amendment made to Cambodian insurance law in 2014 took a worthy step forward by regulating an insurer’s duty to inform. However, some rules were still left unaddressed, such as the scope of the insurer’s duty, which is too broad and as of yet, there is no legal remedy for the insured when duty is breached by the insurer. In the face of these incomplete regulations, this article offers a comprehensive comparison of different legal approaches prescribed by several countries with more advanced insurance laws. Adopting similar approaches will be a key step toward a more functional insurance law in Cambodia’s future.
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spelling doaj.art-13b6b2b39de249879c43217fda3ad26d2022-12-21T21:55:58ZengTaylor & Francis GroupCogent Social Sciences2331-18862020-01-016110.1080/23311886.2020.18091421809142The insurer’s duty of disclosure under Cambodian insurance law: A comparative perspectiveChou Meng0Shanghai Jiao Tong UniversityThe aim of this paper is to explore the current state of insurance law in Cambodia, the legal framework of the insurer’s duty of good faith (duty to inform), and the regulation enacted in the Cambodian Insurance Law in recent years. The amendment made to Cambodian insurance law in 2014 took a worthy step forward by regulating an insurer’s duty to inform. However, some rules were still left unaddressed, such as the scope of the insurer’s duty, which is too broad and as of yet, there is no legal remedy for the insured when duty is breached by the insurer. In the face of these incomplete regulations, this article offers a comprehensive comparison of different legal approaches prescribed by several countries with more advanced insurance laws. Adopting similar approaches will be a key step toward a more functional insurance law in Cambodia’s future.http://dx.doi.org/10.1080/23311886.2020.1809142insurance lawduty of good faithduty of non-disclosureduty to explain
spellingShingle Chou Meng
The insurer’s duty of disclosure under Cambodian insurance law: A comparative perspective
Cogent Social Sciences
insurance law
duty of good faith
duty of non-disclosure
duty to explain
title The insurer’s duty of disclosure under Cambodian insurance law: A comparative perspective
title_full The insurer’s duty of disclosure under Cambodian insurance law: A comparative perspective
title_fullStr The insurer’s duty of disclosure under Cambodian insurance law: A comparative perspective
title_full_unstemmed The insurer’s duty of disclosure under Cambodian insurance law: A comparative perspective
title_short The insurer’s duty of disclosure under Cambodian insurance law: A comparative perspective
title_sort insurer s duty of disclosure under cambodian insurance law a comparative perspective
topic insurance law
duty of good faith
duty of non-disclosure
duty to explain
url http://dx.doi.org/10.1080/23311886.2020.1809142
work_keys_str_mv AT choumeng theinsurersdutyofdisclosureundercambodianinsurancelawacomparativeperspective
AT choumeng insurersdutyofdisclosureundercambodianinsurancelawacomparativeperspective