Cassation Decisions on Bank and Insurance (Volume 28)
Cassation File Number 216672 Date of Judgment: May 1, 2014 E.C.. Summary of Facts: Following a divorce decree, the court […]
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Consequences of Non-Payment of Premiums in Insurance Contracts
Premium payment is a fundamental obligation for the insured in any insurance contract. It ensures the contract remains active and
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Utmost Good Faith in Insurance Contracts
In the realm of insurance contracts, the principle of utmost good faith (Latin: uberrima fides) sets a high standard for
Insurable Interest in Ethiopian Insurance Law
Insurable interest is a foundational principle in insurance contracts, ensuring that only individuals with a legitimate financial stake in the
Immigration (Amended) Proclamation No. 1339-2024
Short Title: Immigration (Amended) Proclamation No. 1339-2024. Issuing Entity: The Federal Democratic Republic of Ethiopia, issued by the House of
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Amendments Introduced by Insurance Business (Amendment) Proclamation No. 1163-2019
The Insurance Business (Amendment) Proclamation No. 1163/2019 was issued to amend the existing Insurance Business Proclamation No. 746/2012. It came
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Responsibility and Recourse – Liability Insurance and Negligence in Ethiopian Jurisprudence
Liability insurance serves as a critical safeguard in a world where actions, or inactions, can lead to unforeseen and significant
Subrogation and Contribution: Key Principles in Ethiopian Insurance Law
1. Introduction to Insurance Principles Insurance is a cornerstone of modern economies, providing financial protection against unforeseen risks. At its
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Force Majeure in Ethiopian Contract Law: Judicial Interpretations by the Cassation Bench
Unlock the complexities of Force Majeure in Ethiopian contract law with insights from the Cassation Bench. This article explores key judicial interpretations, strict proof requirements, and how unforeseen events are assessed, offering a comprehensive understanding for legal professionals and businesses.
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Sharing the Risk: The Role and Application of Deductibles in Ethiopian Insurance Claims
Explore the crucial role of deductibles in Ethiopian insurance claims, their purpose in managing risk and costs, and their enforceability. This article, guided by Ethiopian Federal Supreme Court Cassation Division rulings, clarifies how deductibles apply in first-party, third-party liability, and subrogation contexts, offering essential insights for insurers and policyholders.
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