What is Reinsurance?

What is Reinsurance? PDF 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.

What is Reinsurance?

What is Reinsurance? PDF 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.

Reinsurance and the Law of Aggregation

Reinsurance and the Law of Aggregation PDF 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).

Reinsurance Contract Wording

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

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Book Description


Risk Modelling in General Insurance

Risk Modelling in General Insurance PDF Author: Roger J. Gray
Publisher: Cambridge University Press
ISBN: 0521863945
Category : Business & Economics
Languages : en
Pages : 409

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Book Description
A wide range of topics give students a firm foundation in statistical and actuarial concepts and their applications.

Foundations of Casualty Actuarial Science

Foundations of Casualty Actuarial Science PDF Author:
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 620

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Book Description


The Value of Risk

The Value of Risk PDF Author: Peter Borscheid
Publisher: Oxford University Press, USA
ISBN: 0199689806
Category : Business & Economics
Languages : en
Pages : 497

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Book Description
This book explains how today's insurance industry developed and highlights the role of the reinsurance industry in spreading risks globally. The book examines the development of insurance markets and of the reinsurance industry in particular, and the history of Swiss Re, one of the leading reinsurance companies in the world.

A Guide to Reinsurance Law

A Guide to Reinsurance Law PDF Author: Robert Merkin
Publisher: Taylor & Francis
ISBN: 1317912837
Category : Law
Languages : en
Pages : 497

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Book Description
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.

Making a Market for Acts of God

Making a Market for Acts of God PDF Author: Paula Jarzabkowski
Publisher: Oxford University Press, USA
ISBN: 0199664765
Category : Business & Economics
Languages : en
Pages : 257

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Book Description
Reinsurance is a market that provides cover for the devastating consequences of unpredictable events such as Hurricane Katrina, or the Tohoku earthquake, underpinning society's capacity to rebuild after the unthinkable happens. This book fleshes out how this important and quirky financial market works.

Social Reinsurance

Social Reinsurance PDF Author: David M. Dror
Publisher: World Bank Publications
ISBN: 9780821350416
Category : Business & Economics
Languages : en
Pages : 548

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Book Description
Annotation This volume views community-based microinsurance as an incremental first step to improved financial protection and better access to health services for the poor. While community-based financing can be structured in various ways, this volume focuses on reinsurance as a mechanism for improving micro-level health insurance units. It outlines strategies and policies that can be applied by countries and donors to improve access to health care services.

Managing Risk in Reinsurance

Managing Risk in Reinsurance PDF Author: Niels Viggo Haueter
Publisher: Oxford University Press
ISBN: 0198754914
Category : Business & Economics
Languages : en
Pages : 376

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Book Description
Reinsurance was a global business from the start the method of spreading and balancing risks in international markets. But this also meant that reinsurance was more heavily exposed to global trends than many other industries. This book gives detailed accounts on how reinsurers dealt with all these challenges.