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Reinsuring clauses

Author: Özlem Gürses
Publisher: London : Lloyd's List, 2010.
Series: Insurance law library.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
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  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Gurses, Ozlem.
Reinsuring clauses.
Hoboken : Taylor and Francis, ©2013
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Özlem Gürses
ISBN: 9781135134624 1135134626 1299716725 9781299716728
OCLC Number: 851695237
Description: 1 online resource (xxiii, 281 pages).
Contents: Cover; Title; Copyright; Foreword; Preface; Contents; Table of Cases; Table of Legislation; CHAPTER 1: INTRODUCTION TO REINSURANCE CONTRACTS; Definition of Reinsurance; Forms of reinsurance contracts; Proportional reinsurance; Non-proportional reinsurance; Facultative reinsurance; Treaties; Definition and types of reinsurance in the United States; Definition of reinsurance; Purpose of reinsurance; Types of reinsurance; Wording of reinsurance contracts; Treaties; Proportional facultative reinsurance; CHAPTER 2: THE NATURE OF FACULTATIVE REINSURANCE; The subject matter of reinsurance. Applicable principlesPrivity of contract; Privity --
United States; General rule: Reinsurers have no obligations towards assureds; Intervention in the settlement process by the reinsurer; Policy wording; Reinsured's insolvency; Cut-through exception; Insurable interest; Co-insurance/Double insurance; The ""further insurance"" view; The ""liability"" view; The principle of back-to-back cover; Scope of the principle; Vesta v Butcher; Groupama Navigation et Transports & Ors v Catatumbo Seguros; Rebutting the presumption; Concurrency between insurance and reinsurance policies in the United States. Applicable law and back-to-back cover: Wasa v LexingtonFacts; Decisions; Implications of Wasa; CHAPTER 3: INCORPORATION AND THE FULL REINSURANCE CLAUSE; The function of ""as original""; Development of the theory of incorporation; Requirements for incorporation; HIH v New Hampshire; The scope of incorporation; Incorporation of unusual terms; Incorporation of inconsistent terms; Construction of inconsistent terms; Inconsistency between reinsurance --
insurance contracts; Incorporation of claims clauses; Incorporation of implied terms; Incorporation of arbitration clauses. Incorporation from charterparty into bills of ladingIncorporation from direct insurance into reinsurance contracts; The Arbitration Act 1996 section 6(2); Incorporation of jurisdiction and choice of law clauses; CHAPTER 4: SPECIFIC ISSUES RELATING TO INCORPORATION; Waiver of defences clause in the original insurance; Alterations to the original policy; Alterations to the original policy and the continuing duty of utmost good faith; Leading underwriter clause in the original policy; Obligations of the assured under the direct policy; Other forms of incorporation wording. The presumption of back-to-back cover and incorporationIncorporation in facultative non-proportional reinsurance; CHAPTER 5: INCORPORATION IN THE LAW OF THE UNITED STATES; Follow the form clauses; Follow the form --
concurrency between the reinsurance and the original insurance; Incorporation of terms; Incorporation of arbitration clauses; Incorporation of choice of law clauses; Follow the form --
assignment of the original policy; Follow the form --
endorsement or modification of the original policy; Overriding effect of the follow the form clauses; CHAPTER 6: SETTLEMENT CLAUSES.
Series Title: Insurance law library.
Responsibility: by Özlem Gürses.
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