The New Japanese Insurance Act: Comparisons with Europe and Korea

Introduction I. Overview of the new Insurance Act 1. Background 2. Basic policy II. Amendments inspired by comparative law studies 1. Successful amendments 2. Unsuccessful attempts III. Amendments arising from Japanese practice 1. Complaints from consumers: Timing of performance 2. Responses to case law 3. Issues left unresolved: Burden of proof IV. Comparison with the draft amendments in Korea 1. Minimalism versus legislative activism 2. Difference in policy 3. Common approaches taken in both countries V. Conclusion