Reinsuring Clauses provides a comparison of English to US law as it relates to claims and settlements. 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.
Reinsuring Clauses 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 Key Features of the book:
- Assistance with the drafting of reinsurance agreements - Providing guidance for the resolution of disputes arising from reinsurance contracts - An explanation of the relationship between the claims provisions and the follow the settlements clause - Clarification on the meaning of the clause “follow the fortunes” - Provides an explanation of the similarities and dissimilarities between the US and London reinsurance markets with respect to the full reinsurance clause - Gives an indication to an English audience of the difference between English law and the law of the various states of the US
Reinsuring Clauses is the first book specialising on the Full Reinsurance Clause with a comparative analysis of the law of US.
