Analysis of Claims-Made Clause in Liability Insurance a Comparative Study in French and Iranian Law

The subject of liability insurance contract is the insured's liability debt. The insurer's obligation to indemnity is realized when within the contract term, damage is incurred by the insured. But according to claims-made clause (reclamation clause) the insurer's obligation is realized just when the first claim is made in the policy period, though damage itself, or the act causing it has been made before this period. This clause has been encountered with doubts and criticisms by French jurisprudence which is possibly due to misunderstanding about its real nature. Accordingly, this article has focused - after a preliminary representation of The Clause- on explanation of the Clause's legal nature in France and Iran.