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This concise and accessible guide to reinsurance law is an easy-to-read specialist reference focusing solely on reinsurance. Every aspect of the core and subsidiary principles of reinsurance law are covered beginning with an investigation of the definition, purpose, and types of reinsurance. Guidance is given on contractual principles and terms in the reinsurance context, obligations, rights and liabilities of the reinsurer, and the choice of law. With usability and practicality in mind, a number of aspects have been further developed in this edition. There is an increased depth of analysis in addressing 'Follow the Settlements', incorporation, non-disclosure, misrepresentation, and the role of good faith in reinsurance contracts. The new edition also addresses the consequences of the Insurance Act 2015 and recent cases on reinsurance arbitration - particularly the appointment of arbitrators and their duties. This book is both practical and authoritative, and is successful in isolating the key issues in reinsurance law to provide an easy and reliable reference source. It is a must-have work for all reinsurance practitioners.
This concise and accessible guide to reinsurance law is an easy-to-read specialist reference focusing solely on reinsurance. The second edition builds on the success of the first which filled a gap in the market for an easy to use and pithy explanation of the law in this field avoiding the need to recount the whole of general insurance law. With usability and practicality in mind a number of features have been further developed in this edition. The authors have provided more guidance on areas which are undecided by the courts such as Follow the Settlements, incorporation, non-disclosure, and misrepresentation. Areas of complexity such as the role of good faith in reinsurance contracts have also been given greater coverage in this second edition. Also new to this edition is a glossary of reinsurance terms which helps to make the volume even more accessible. This book is both practical and authoritative, and is successful in isolating the key issues in reinsurance law to provide an easy and reliable reference source. It is a must-have work for all reinsurance practitioners.
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