Principles of Reinsurance Contract Law (PRICL) presented at UNIDROIT

On 25 January 2023, the Principles of Reinsurance Contract Law (PRICL) were showcased in a hybrid seminar, co-organised by the PRICL Working Group, the Universities of Zurich and Frankfurt a.M. and UNIDROIT, which hosted the event at its headquarters in Villa Aldobrandini.

The seminar  was featured as part of the series of ATILA lectures of the European Law Institute and offered a unique opportunity to present the advantages of using the PRICL in practice, in a dialogue between leading scholars and practitioners in this field.

About 50 participants in person, and another 50 people online were welcomed and introduced to the project and the cooperation between UNIDROIT and PRICL Working Group by UNIDROIT Secretary-General Ignacio Tirado and Deputy Secretary- General Anna Veneziano, and Co-Leader of the project Professor Manfred Wandt (Goethe University Frankfurt am Main).

Helmut Heiss (University of Zurich and Co-leader of the project) followed the opening remarks with an introduction to the mechanisms of application of the PRICL and a presentation of its flexibility as an instrument. Diana Cerini (University of Milan, Bicocca) focused on the remedies of the PRICL and their relationship with the UNIDROIT Principles of International Commercial Contracts (UPICC). A discussion panel followed, featuring  Rosaria Acanfora (Reinsurance Contracts and Claims Manager Generali, Italia) , Lari Kuitunen (Reinsurance Manager If P&C Insurance, Finland), and Christian Lang (General Counsel Swiss Re Corporate Solutions, Switzerland), who presented several concrete examples of practical application and usefulness of the PRICL in practice.



For more information on the Principles of Reinsurance Contract Law see the UNIDROIT project page  or visit the PRICL website .

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