Kuwait Court of Cassation principle number 1007
State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office
English translation of the principle
Insurance against damage. Its effect. The insurer's obligation to compensate the insured for damage resulting from the insured risk, provided that this does not exceed the insurance amount. - Assessment of compensation. How it is performed. According to the market value of the things damaged as a result of the insured risk. - Joint and several liability and concurrent liability in the field of insurance:-
Arabic original
التأمين من الأضرار. أثره. التزام المؤمن بتعويض المؤمن له عن الضرر الناتج من الخطر المؤمن منه على ألا يجاوز ذلك مبلغ التأمين. - تقدير التعويض. كيفيته. طبقاً للقيمة السوقية للأشياء التي تلفت نتيجة للخطر المؤمن منه. - التضامن والتضامم في مجال التأمين:-Original Arabic judgment citations
(الطعن ١٠٠٥/٢٠٠٣ تجاري جلسة ١٦/٦/٢٠٠٤ مج القسم الخامس - المجلد الرابع ص ٦١)
Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 184. PDF pages: 184.
Ask the assistant about this principle
Guidance based on the principle and its source details, separate from the original collection text.