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Reinsuring Clauses (eBook)


ISBN13: 9781135134693
Published: November 2010
Publisher: Informa Law from Routledge
Country of Publication: UK
Format: eBook (ePub)
Price: £270.00
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The 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

Subjects:
Insurance Law, Shipping, Transport and Maritime Law, eBooks
Contents:
Chapter 1: Introduction to Reinsurance Contracts
1.1 Definition of Reinsurance
1.2 Reinsurance Contract Wordings
Chapter 2: The Nature of Facultative Reinsurance
2.1 The subject matter of reinsurance
2.2 The principle of back to back cover
Chapter 3: Incorporation and the Full Reinsurance Clause
3.1 Development of the theory of incorporation
3.2 Requirements for incorporation
3.3 Specific issues relating to incorporation
Chapter 4: The Presumption of Back-to-Back-Cover
4.1 Scope of the principle
4.2 Rebutting the presumption
4.3 Back-to-back cover and incorporation
4.4 Independent operation of the presumption
Chapter 5: The Reinsurers' Obligation to Make Payment
5.1 Establishing and quantifying the reinsured's liability
5.2 The trigger for the reinsurers' liability
5.3 'To pay as may be paid thereon'
5.4 Follow the settlements
5.5 Scope of obligation to follow settlements
5.6 Settlements
5.7 'Follow the form'
5.8 'Follow the fortunes'
5.9 Variations in wording: extending cover
5.10 Variations in wording: limiting cover
Chapter 6: Allocations
6.1 Pre-settlement and post-settlement allocations
6.2 Distinguishing settlement from allocation
6.3 Allocations altering the insured peril
6.4 Annualisation
Chapter 7: Claims Provisions
7.1 Claims co-operation clauses
7.2 Claims Control Clauses
7.3 Effects of breach
7.4 Loss of rights: waiver and estoppel
7.5 Discretionary provisions: limits of discretion
7.6 Inspection clauses
7.7 Reconciling follow the settlements clauses and claims provisions
7.8 Lawyer-client privilege

Series: Lloyd's Insurance Law Library

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Reinsuring Clauses ISBN 9781843118893
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Reforming Marine and Commercial Insurance Law (eBook)
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