The Insurance Business (Amendment) Proclamation No. 1163/2019 was issued to amend the existing Insurance Business Proclamation No. 746/2012. It came […]
Amendments Introduced by Insurance Business (Amendment) Proclamation No. 1163-2019 Read Post »
Liability insurance serves as a critical safeguard in a world where actions, or inactions, can lead to unforeseen and significant
1. Introduction to Insurance Principles Insurance is a cornerstone of modern economies, providing financial protection against unforeseen risks. At its
Subrogation and Contribution: Key Principles in Ethiopian Insurance Law Read Post »
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.
Force Majeure in Ethiopian Contract Law: Judicial Interpretations by the Cassation Bench Read Post »
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.
Sharing the Risk: The Role and Application of Deductibles in Ethiopian Insurance Claims Read Post »
The Ethiopian Federal Supreme Court’s Cassation Division has provided crucial clarity on how accident compensation should be calculated, particularly concerning
In the intricate world of contracts, especially insurance, words matter. Terms that seem interchangeable in casual conversation often carry significant
Renewal vs. Extension of Insurance Contracts Under Ethiopian Insurance Law Read Post »
Within the intricate domain of legal disputes, particularly in the specialized field of insurance, the presentation, admissibility, and judicious evaluation
The Weight of Proof – Evidentiary Principles in Ethiopian Insurance Litigation Read Post »
Explore key Ethiopian Cassation Court decisions on business and insurance law from Volume 25. Understand critical rulings on prescription periods, insurance liability, blank cheques, trademark disputes, and more, illuminating essential legal principles for professionals and businesses.
Introduction In Ethiopia, the alarming increase in vehicular accidents has led to significant social and economic consequences, including severe bodily