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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Format: | Article |
Language: | English |
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Taylor & Francis Group
2020-01-01
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Series: | Cogent Social Sciences |
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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 |
collection | DOAJ |
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. |
first_indexed | 2024-12-17T08:55:33Z |
format | Article |
id | doaj.art-13b6b2b39de249879c43217fda3ad26d |
institution | Directory Open Access Journal |
issn | 2331-1886 |
language | English |
last_indexed | 2024-12-17T08:55:33Z |
publishDate | 2020-01-01 |
publisher | Taylor & Francis Group |
record_format | Article |
series | Cogent Social Sciences |
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 |