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An insurance applicant shall have an insurable interest over the subject-matter insured. In case that an applicant has no insurable interest over the subject-matter insured, the insurance contract shall not be binding. An insurable interest means an interest that an applicant has over the subject-matter insured, of which is recognized by laws. As subject-matter insured means the property and its related interests, or the life expectancy and human body which serve as insurance objects.
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"Treaties": international trade instruments
Private International Commercial Law
International Commercial Arbitration & other dispute settlement
International Tax & Financial Regulation
Carriage Transport & Maritime Law
Electronic Commerce and Encryption
International Criminal Law including Anti-Corruption and Cross Border Crime
International Life Sciences & Bio-Sciences