Ad hoc arbitration under the ARIAS Asia Arbitration Rules
Any dispute, controversy, difference or claim arising out of or relating to this contract, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it shall be referred to and finally resolved by arbitration under the ARIAS Asia Arbitration Rules in force when the Notice of Arbitration is submitted.
The number of arbitrators shall be (one or three).
The seat of arbitration shall be (insert seat). The law of this arbitration agreement is (insert law). The language of the arbitration shall be (insert language).
Ad hoc arbitration under the ARIAS Fast Track Arbitration Rules
Any dispute, controversy, difference or claim arising out of or relating to this contract, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it shall be referred to and finally resolved by arbitration under the ARIAS Asia Fast Track Arbitration Rules in force when the Notice of Arbitration is submitted.
The number of arbitrators shall be one. The Arbitrator shall be a person with not less than ten years’ experience of insurance or reinsurance within the industry or as a lawyer or other professional adviser serving the industry.
The seat of arbitration shall be (insert seat). The law of this arbitration agreement is (insert law). The language of the arbitration shall be English.
Ad hoc arbitration under the UNCITRAL Arbitration Rules
Any dispute, controversy, difference or claim arising out of or relating to this contract, including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it shall be referred to and finally resolved by arbitration under the UNCITRAL Arbitration Rules in force when the Notice of Arbitration is submitted.
The seat of arbitration shall be (insert seat). The law of this arbitration agreement is (insert law). The language of the arbitration shall be English.
The appointing authority shall be the Asia Chapter of the AIDA Reinsurance and Insurance Arbitration Society (“ARIAS Asia”).