Chapter II, Article 7, Paragraph 2. · Rome I

Contents

1. This Article shall apply to contracts referred to in parag…
2. An insurance contract covering a large risk as defined in…
3. In the case of an insurance contract other than a contract…
4. The following additional rules shall apply to insurance co…
5. For the purposes of paragraph 3, third subparagraph, and p…
6. For the purposes of this Article, the country in which the…

2.An insurance contract covering a large risk as defined in Article 5(d) of the First Council Directive 73/239/EEC of 24 July 1973 on the coordination of laws, regulations and administrative provisions relating to the taking-up and pursuit of the business of direct insurance other than life assurance^note shall be governed by the law chosen by the parties in accordance with Article 3 of this Regulation.To the extent that the applicable law has not been chosen by the parties, the insurance contract shall be governed by the law of the country where the insurer has his habitual residence. Where it is clear from all the circumstances of the case that the contract is manifestly more closely connected with another country, the law of that other country shall apply.