Developments in European & National Law
The following topics are discussed in the document below with regards to developments in European and National (Greek) Law: a) the work of the Project Group "Restatement of the European Insurance Contract Law" which elaborated the Principles of European Insurance Contract Law (PEICL). The "Draft Common Frame of Reference" ("DCFR") produced contains model rules for contracts and encapsulates the work conducted over the last 10 years with a view to offer an alternative optional "2nd" regime in each Member State that would allow less lawmaking and b) the recently enacted Greek Law for the creation of a guarantee fund for private life insurance aimed to promote the better safeguarding and coverage for the claims of policyholders.
Athens, 13 Sept. 2010
For the Greek National Chapter of AIDA
Prof. Dr. Ioannis Rokas
Dr. Kyriaki Noussia
Mrs E. Varouchaki
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