Author: Robert W. Strain
Publisher: Strain Pub
ISBN: 9780939727483
Category : Business & Economics
Languages : en
Pages : 819

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Book Description

Author: Ozlem Gurses
Publisher: Taylor & Francis
ISBN: 1135134693
Category : Law
Languages : en
Pages : 410

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Book Description
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

Author: Colin Edelman QC
Publisher: OUP Oxford
ISBN: 9780199665044
Category : Law
Languages : en
Pages : 0

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Book Description
Providing a complete analysis of the law of reinsurance this new edition gives extended consideration to complex areas, such as good faith, and issues on which there is no authority.

Author: Kenneth S. Wollner
Publisher: International Risk Management Institute
ISBN: 9781933686226
Category : Insurance law
Languages : en
Pages : 264

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Book Description

Author: Graydon S. Staring
Publisher:
ISBN:
Category : Reinsurance
Languages : en
Pages :

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Book Description

Author:
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 620

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Book Description

Author: Robert M. Merkin
Publisher: Cavendish Publishing (UK)
ISBN:
Category : Business & Economics
Languages : en
Pages : 128

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Book Description
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.

Author: Chartered Insurance Institute
Publisher:
ISBN: 9781853690570
Category : Insurance
Languages : en
Pages :

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Book Description

Author: Barlow Lyde & Gilbert
Publisher: Informa Law from Routledge
ISBN: 9781843117964
Category : Reinsurance
Languages : en
Pages : 0

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Book Description
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

Author: Oliver D. William
Publisher: Routledge
ISBN: 1000329100
Category : Law
Languages : en
Pages : 190

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Book Description
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).