영국의 2015년 보험법상 워런티

English insurance law is fundamentally different form continental legal system(Korea Commercial Law Article 652, 653) in that it allows a policyholder after attachment of the risk to alter its nature without the consent of the insurer. Over the years, the legal regime concerning insurance warranties has attracted relentless critism bothe in judicial and academic circles. The most problem on warranties is that it permits the insurer to escape liability for technical breaches that have nothing to do with the loss in question or that have been remedied prior to the loss. The insurance Act 2015 has introduced significant changes to the warranties regime. The Korea Supreme Court has recognized the English law and practice on the marine insurances sources of law. So revised warranties regime will be directly applied to Korean marine insurance matters. This paper aims at analysing the new warranties regime and evaluating the impact of the changes introduced. The main changes on the warranties of the Insurance Act 2015 are as follows. First, in case of reach of the warranty, the cover is suspended for the duration of the breach, and liability of the insurer is restored if the breach is remedied. Second, the insured will be indemnified for a loss occurring at a time when a warranty is not complied with, if the insured demonstrates that noncompliance with the warranty could not have increased the loss which actually occurred in the circumstances in which it occurred. The impacts of the law reform on the warranties are as follows. First, the reform of the warranty’s harshness introducing a more assured-friendly regime will increase confidence in UK law and present a very effective weapon to London brokers who facing tough competition from other emerging international insurance markets such as Germany, Norway. Second, the changes introduced are built on solid theoretical foundation, so they seem to enjoy the support of a majority of the stakeholders in the marine insurance market.