Reinsuring Clauses
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Reinsuring Clauses
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Author : Ozlem Gurses
language : en
Publisher: Taylor & Francis
Release Date : 2013-07-04
Reinsuring Clauses written by Ozlem Gurses and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-04 with Law categories.
This book provides a comparative English/US law study of the operation of facultative reinsurance contracts. Most of the reinsurance litigation in England and the US has involved this type of contract, and there are regular arbitrations and judicial proceedings in the leading common law jurisdictions to which this book will be relevant. The book is concerned with: • The legal nature of reinsurance agreements • The means whereby terms of reinsurance policies can be derived or incorporated from underlying insurances • The effect on reinsurance of judgments, awards and settlements against the reinsured • The operation of claims provisions
Reinsurance And The Law Of Aggregation
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Author : Oliver D. William
language : en
Publisher: Routledge
Release Date : 2021-01-28
Reinsurance And The Law Of Aggregation written by Oliver D. William and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-28 with Law categories.
In excess of loss reinsurance, the reinsurer covers the amount of a loss exceeding the policy’s deductible but not piercing its cover limit. Accordingly, a policy’s quantitative scope of cover is significantly affected by the parties’ agreement of a deductible and a cover limit. Yet, the examination of whether a loss has exceeded deductible or cover limit necessitates an educated understanding of what constitutes one loss. In so-called aggregation clauses, the parties to (re-)insurance contracts regularly provide that multiple individual losses are to be added together for presenting one loss to the reinsurer when they arise from the same event, occurrence, catastrophe, cause or accident. Aggregation mechanisms are one of the core instruments for structuring reinsurance contracts. This book systematically examines each element of an aggregation mechanism, tracing the inconsistent usage of aggregation language in the markets and scrutinizing the tests developed by courts and arbitral tribunals. In doing so, it seeks to support insurers, reinsurers, brokers and lawyers in drafting aggregation clauses and in settling claims. Focusing on an analysis of primary sources, particularly judicial decisions, the book interprets each judicial decision to describe a system of inter-related rules, collating, organising and describing the English law of aggregation as applied by the courts and arbitral tribunals. It further draws a comparison between the English position and the corresponding rules in the Principles of Reinsurance Contract Law (PRICL).
Reinsurance Practice And The Law
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Author : Barlow Lyde & Gilbert
language : en
Publisher: Informa Law from Routledge
Release Date : 2009
Reinsurance Practice And The Law written by Barlow Lyde & Gilbert and has been published by Informa Law from Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Reinsurance categories.
Designed to reduce, to the absolute minimum, the legal difficulties involved in UK reinsurance transactions, this book covers all the areas of reinsurance that are likely to give rise to problems. Paying special attention to the drafting and operation of the reinsurance contract, the book also deals in detail with dispute resolution, including arbitration and commercial court practice and procedure. It provides advice on how to identify, minimize, and resolve problems that may arise with reinsurance contracts, including: a clear explanation of the basics of reinsurance contracts, including the relationships between parties and the various types of contracts the principles of drafting and interpretation of contracts, including reaching agreement, contract wordings, and choice of law the details of operating a contract, including claims handling, offset and funding, inspection of records, and transfer and termination deviation guidance on dispute resolution, including choice of l
A Guide To Reinsurance Law
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Author : Robert Merkin
language : en
Publisher: Taylor & Francis
Release Date : 2013-07-24
A Guide To Reinsurance Law written by Robert Merkin and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-24 with Law categories.
This practical guide offers a useful introduction to reinsurance, taking you step by step through the associated issues you really need to know about. An introduction is provided, setting the scene for further chapters on key topics such as the formation of agreements, terms, rights and obligations. The book covers the following areas: Nature of Reinsurance, Formation of Reinsurance, Agreements, Utmost Good Faith, Terms of Reinsurance Agreements, Rights and Obligations of the Parties, Follow the Settlements and Follow the Fortunes, Claims, Intermediaries, Jurisdiction and Applicable Law, Arbitration.
Reinsurance Principles And Practices
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Author : Connor M. Harrison
language : en
Publisher: Insurance Institute of America
Release Date : 2004-01-01
Reinsurance Principles And Practices written by Connor M. Harrison and has been published by Insurance Institute of America this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-01 with Reinsurance categories.
Presents overview of reinsurance. Describes reinsurance program design. Traces the reinsurance placement process. Regulation discussed. Identifies common reinsurance treaty clauses. Explains reserves.
Reinsurance Underwriting
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Author : Robert Kiln
language : en
Publisher: Taylor & Francis
Release Date : 2017-10-03
Reinsurance Underwriting written by Robert Kiln and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-03 with Law categories.
First published in 1997. Routledge is an imprint of Taylor and Francis, an informa company.
Reinsurance Practices
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Author : R. Michael Cass
language : en
Publisher:
Release Date : 1997
Reinsurance Practices written by R. Michael Cass and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
A Practical Guide To Finite Risk Insurance And Reinsurance
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Author : R. George Monti
language : en
Publisher: Wiley
Release Date : 1995-07-10
A Practical Guide To Finite Risk Insurance And Reinsurance written by R. George Monti and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-07-10 with Business & Economics categories.
A topical comprehensive account that deals with insurance and reinsurance arrangements covering the risk of loss including losses from financial transactions. Evaluates actual types of reinsurance agreements, clause by clause, providing detailed explanations of key terms, words and phrases along with their impact on the overall risk transfer. Describes all relevant and emerging regulatory developments in the areas of accounting, tax and securities. Includes six case studies of major, current-market financial reinsurance deals.
Reinsurance Practices
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Author :
language : en
Publisher:
Release Date : 1997
Reinsurance Practices written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Reinsurance categories.
What Is Reinsurance
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Author : Robert M. Merkin
language : en
Publisher: Cavendish Publishing (UK)
Release Date : 1998
What Is Reinsurance written by Robert M. Merkin and has been published by Cavendish Publishing (UK) this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.
In 1994 a Reinsurance Working Party was set up by AIDA (Association Internationale de Droit des Assurances) with the aim of producing a series of comparative reports considering how particular aspects of reinsurance law operate in a range of jurisdictions.