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These funds operate in a way that turns tort law on its head, are financially stable and sustainable, and are a true revolution in private law. The author analyses and provides solutions for the core unresolved problems in the field of no-fault compensation and identifies the operational and further development principles of the four largest no-fault compensation funds within these jurisdictions.The similarities and differences between thematically equivalent schemes in civil law countries are examined and the human rights intersections of large no-fault compensation funds are analysed, something which has never been undertaken before in both literature and practice. Based on qualitative surveys of the four funds, the author analyses the funding, quantum of compensation and dispute resolution issues. The book goes on to identify realistic development goals for the existing funds and focuses on the future by identifying new applications used by large no-fault compensation funds for artificial intelligence and emergency public health liability challenges. In particular, this book examines the no-fault compensation funds underpinning the World Health Organization\u2019s COVAX scheme, which was established in early 2021. A Comparative Law Analysis of No-Fault Comprehensive Compensation Funds provides valuable new insights for academics, practitioners, policymakers and students in both common law and civil jurisdictions.Dr Kim Watts is a Postdoctoral Researcher at the University of Antwerp, Belgium. She holds a PhD in Law from the University of Antwerp, an LLM in Commercial Law and a BA\/LLB, both from the University of Auckland. She has many years of experience in legal practice (New Zealand), academic research, the non-profit sector (Ireland, Belgium and the United States), regulatory projects and consulting. She was a Doctoral Research Fellow at the University of Antwerp\u2019s Faculty of Law and the recipient of a foreign researcher scholarship from Research Foundation Flanders (FWO). Her doctoral thesis was an international study of alternative liability systems and their application to contemporary risk challenges.","image":"https:\/\/www.larcier-intersentia.com\/media\/catalog\/product\/cache\/22f2d31ba3d2e37ca5e8fd98880e4ce6\/C\/O\/CONF-9781839702983_1.png","offers":{"@type":"http:\/\/schema.org\/Offer","price":147.9972,"url":"https:\/\/www.larcier-intersentia.com\/en\/comparative-law-analysis-no-fault-comprehensive-compensation-funds-9781839702983.html","priceCurrency":"EUR","availability":"http:\/\/schema.org\/InStock"},"category":"Insurance law"},{"@type":"Product","name":"Compensation Funds in Comparative Perspective","description":"Compensation funds are used in vastly different ways across jurisdictions and legal traditions. They are an alternative to traditional tort, insurance and social security structures, and change or eliminate ordinary liability rules for certain classes of victims. 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Focusing on their functions, purpose, funding and quantum of compensation, new conclusions are drawn on the objectives of compensation funds and how they differ from insurance and social security.Compensation Funds in Comparative Perspective is useful for all comparative law, liability law and insurance law scholars and practitioners seeking to understand contemporary issues in the operation of compensation funds and introduces novel ideas for future development._________With contributions by Michael Faure (Maastricht University, the Netherlands), Rosa M. Garcia-Teruel (Rovira i Virgili University, Catalonia, Spain), Ton Hartlief (Maastricht University, the Netherlands), Jonas Knetsch (Jean-Monnet University Saint-\u00c9tienne, France), Ken Oliphant (University of Bristol, United Kingdom), Larissa Vanhooff (University of Antwerp, Belgium), Gerrit van Maanen (Maastricht University, the Netherlands), Thierry Vansweevelt (University of Antwerp, Belgium), Kim Watts(University of Antwerp, Belgium) and Britt Weyts (University of Antwerp, Belgium).Thierry Vansweevelt is a professor and former Dean of the Faculty of Law, University of Antwerp. He works in the fields of liability law, insurance and health law and for this has been awarded the Fernand Collin Prize and the Antwerp University Research Council Prize. He is an advocate at the specialist healthcare law practice Dewallens & partners and has been appointed as member of the Royal Academy for Medicine of Belgium and as member of the board of governors of the World Association of Medical Law.Britt Weyts is a professor of law at the University of Antwerp. Her work focuses on the law of obligations and insurance law and has won the Fernand Collin Prize. 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It aims to reduce the risk that an insurer would be unable to meet claims, to provide early warning to supervisors so that they can intervene promptly if capital falls below the required level, and to promote confidence in the financial stability of the insurance sector. Solvency II not only sets out the capital requirements to guarantee policyholder protection, but also includes measures to stimulate risk management and good governance and to improve transparency. This book provides a thorough and well-structured overview of the regulatory regime and how it will affect insurers, re-insurers and other market participants, including policyholders. The author, who was closely involved in the making of Solvency II, offers all the necessary insights and explanations to better understand the new solvency regime. While Solvency I only sets basic solvency standards, Solvency II is more sophisticated introducing a risk based solvency capital regime and modernising EU insurance regulation thus putting much emphasis on high quality prudential supervision. This improves the protection of policyholders, creates an incentive for good risk management, recognizes the economic reality of a group, establishes market transparency and provides for a modern risk based supervisory regime, in short, as the book\u2019s subtitle already suggests, Solvency II is good for you.Solvency Requirements for EU Insurers provides a unique insight into the complex world of insurance and will be useful to risk managers, actuaries, accountants, lawyers, board members of (re) insurance companies, insurance intermediaries, consultants, regulators, supervisors, academics, students and, more generally, all those involved with or interested in insurance and in the operation of the insurance market.In his function as Head of Insurance and Pensions at the European Commission (until March 2013) Professor Karel Van Hulle played an essential role in the development of the new risk based solvency capital regime for (re) insurers that lead to the Solvency II Directive. In that capacity he also represented the EC within EIOPA and was a member of the Technical Committee of the IAIS. Today Professor Van Hulle lectures at the Economics and Business Faculty of the KU Leuven (Belgium) and at the Economics Faculty of the Goethe University in Frankfurt (Germany), where he is also Executive Director of the International Centre for Insurance Regulation. He is academic member of the Insurance and Reinsurance Stakeholder Group of EIOPA, member of the Public Interest Oversight Board (since March 2014) and of the Board of the Bermuda Monetary Authority (since January 2016).Digital version available on :Strada lex BelgiumStrada lex EuropaYou have a subscription? Activate the digital version for free with the code in the book.","image":"https:\/\/www.larcier-intersentia.com\/media\/catalog\/product\/cache\/22f2d31ba3d2e37ca5e8fd98880e4ce6\/C\/O\/CONF-9781780681771_1.png","offers":{"@type":"http:\/\/schema.org\/Offer","price":150.0006,"url":"https:\/\/www.larcier-intersentia.com\/en\/solvency-requirements-eu-insurers-9781780681771.html","priceCurrency":"EUR","availability":"http:\/\/schema.org\/InStock"},"category":"Insurance law"},{"@type":"Product","name":"The effect of D&O insurance on managerial risk taking","description":"Risk taking in business contributes towards innovation. Yet excessive risk taking is associated with corporate failure. Many authors have analysed the relationship between personal liability rules of managers and excessive risk taking. In this context, previous researchers have often argued that insurance against personal liability of the manager (D&O insurance) would weaken the manager\u2019s incentive to take care. However, little is known about the workings and effects of D&O insurance. This book analyses how D&O insurance should work ideally and how it currently works in the USA, the UK, the Netherlands and Germany. It illustrates how D&O insurance threatens \u2013 but also benefits \u2013 society and the economy. In fact, a properly functioning D&O insurance system can more elegantly incentivize adequate risk taking than for example, direct regulation of managerial activity (e.g. disqualification) or the adoption of harsher liability rules. 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It will be demonstrated that the intensity of public regulation is not necessarily related to the intensity of the contractual obligations and responsibilities of architects. Finally, this book aims to determine whether the Dutch or the Belgian combination of regulations and contract law provisions is most cost-efficient from an economic point of view. About the author: Sarah Schoenmaekers (1983) studied law at the European Law School of Maastricht University. She participated at the Ren\u00e9 Cassin European Human Rights Moot Court Competition in Strasbourg in 2005, in which her team was qualified as the best non-native French speaking European team. After graduating in 2005, she took the Flemish Bar Exam and began her career as a lawyer in Belgium. During her traineeship Sarah Schoenmaekers started to write a PhD dissertation about the regulation of architects in Belgium and the Netherlands. Since 2009 she is teaching several courses, under which substantive European Union law, at Maastricht and Hasselt University. She is a full member of the Bar of Tongeren.","image":"https:\/\/www.larcier-intersentia.com\/media\/catalog\/product\/cache\/22f2d31ba3d2e37ca5e8fd98880e4ce6\/C\/O\/CONF-9789400001251_1.png","offers":{"@type":"http:\/\/schema.org\/Offer","price":105.0036,"url":"https:\/\/www.larcier-intersentia.com\/en\/the-regulation-architects-belgium-the-netherlands-9789400001251.html","priceCurrency":"EUR","availability":"http:\/\/schema.org\/InStock"},"category":"Insurance law"}]}}</script></head> <body data-container="body" data-mage-init='{"loaderAjax": {}, "loader": { "icon": "https://www.larcier-intersentia.com/static/version123459/frontend/Sinweb/default/en_US/images/loader-2.gif"}}' id="html-body" class="page-with-filter page-products categorypath-catalog-law-corporate-economic-and-financial-law-insurance-law category-insurance-law catalog-category-view page-layout-2columns-left"> <script type="text/x-magento-init"> { "*": { "Magento_PageBuilder/js/widget-initializer": { "config": 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Law Analysis of No-Fault Comprehensive Compensation Funds"/></span> </span> <style>.product-image-size-160-14429 { width: 160px; } .product-image-size-160-14429 span.product-image-wrapper { padding-bottom: 125%; }</style><script type="text/javascript">prodImageContainers = document.querySelectorAll(".product-image-size-160-14429"); for (var i = 0; i < prodImageContainers.length; i++) { prodImageContainers[i].style.width = "160px"; } prodImageContainersWrappers = document.querySelectorAll( ".product-image-size-160-14429 span.product-image-wrapper" ); for (var i = 0; i < prodImageContainersWrappers.length; i++) { prodImageContainersWrappers[i].style.paddingBottom = "125%"; }</script> </a> <div class="product details product-item-details"> <h2 class="product name product-item-name"> <a class="product-item-link" href="https://www.larcier-intersentia.com/en/comparative-law-analysis-no-fault-comprehensive-compensation-funds-9781839702983.html"> A Comparative Law Analysis of No-Fault Comprehensive Compensation Funds </a> </h2> <div class="product subtitle product-item-subtitle"> International Best Practice and Contemporary Applications </div> <div class="product technical-information product-item-technical-information"> Book | 1st edition 2023 | World | Kim Watts </div> <div class="product short-description product-item-short-description"> This book is a groundbreaking comparative law analysis of the world's largest and most mature compensation funds, impacting nearly 22 million people in the four jurisdictions of Victoria (Australia), Quebec and Manitoba (Canada), and New Zealand. These funds operate in a way that turns tort law on its head, are financially stable and sustainable, and represent a true revolution in private law. The book takes important steps to further scientific knowledge of large alternative liability systems and goes beyond existing literature in the field. </div> </div> <div class="product state product-item-state"> <div class="price-box price-final_price" data-role="priceBox" data-product-id="14429" data-price-box="product-id-14429"> <span class="normal-price"> <span class="price-container price-final_price tax weee" > <span id="product-price-14429" data-price-amount="147.997201" data-price-type="finalPrice" class="price-wrapper " > <span class="price">€148.00</span> </span> </span> </span> <span class="included-tax">incl. 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Their undefined nature raises important legal questions that have not yet been fully answered. This book contrasts and analyses both well-known and lesser known compensation funds in Belgium, France, Germany, the Netherlands, New Zealand, Spain, and the United Kingdom. </div> </div> <div class="product state product-item-state"> <div class="price-box price-final_price" data-role="priceBox" data-product-id="14821" data-price-box="product-id-14821"> <span class="normal-price"> <span class="price-container price-final_price tax weee" > <span id="product-price-14821" data-price-amount="82.998001" data-price-type="finalPrice" class="price-wrapper " > <span class="price">€83.00</span> </span> </span> </span> <span class="included-tax">incl. 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