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Law and Politics
Reference:

Dmitrieva, D.E. Choice of applicable law and arbitration clauses in a reinsurance contract

Abstract: The author analyzes the problems of choosing the law applicable to reinsurance contracts. This includes analysis of dispute resolution and provides examples of possible arbitration clauses used in reinsurance contracts, complicated by foreign elements. It is shown that the settlement of dispute arising between the parties of the reinsurance contract, complicated by a foreign element, often depends on governing law of the contract, and on which authority of dispute resolution was chosen by the parties of the contract.

Keywords:

reinsurance, lex mercatoria, non-state body of law, Rome Convention 1980, Regulations Rome I, applicable law, dispute resolution, mediation, arbitration clause, ARIAS.

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