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AXA General Insurance Limited and others (Appellants) v The Lord Advocate and others (Respondents) (Scotland)

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This paper gives an overview of the global insurance market and emerging trends; the importance of the insurance sector for economic development; the significance and elements of an effective regulatory framework; development issues arising from insurance services liberalization; the importance of insurance as a public good; and the implications of GATS negotiations for the insurance sector and areas of potential export interest for developing countries. Under appropriately designed financial-policy, regulatory and institutional frameworks, insurance services and trade in them will significantly affect an economy’s productivity (including through their impact on the volume of savings). This makes the insurance sector...
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AXA General Insurance Limited and others (Appellants) v The Lord Advocate and others (Respondents) (Scotland)

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