Source: Insurance, Banking & Negotiable Instruments Law Teaching Material Insurance as a mechanism of transfer of risk has great economic and social benefits to the individual insured, his family and the country […]
The Requirements to Carry on Insurance Business
Source: Insurance, Banking & Negotiable Instruments Law Teaching Material Art 656 of the Commercial Code provides that the law shall determine the conditions under which physical persons or business organizations may carry […]
Distinguishing Characteristics of Insurance
Source: Insurance, Banking & Negotiable Instruments Law Teaching Material Insurance contracts are subject to the same basic law that governs all types of contracts. However, a special body of law has developed […]
Highlights of the Birth and Development of Insurance Services in Ethiopia
Source: Insurance, Banking & Negotiable Instruments Law Teaching Material The Bank of Abysinia (Habesha Bank) started rendering what could be called modern insurance service for the first time in Ethiopia in 1905 […]
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