Reinsurance and the law of aggregation : event, occurrence, catastrophe, cause / Oliver D. William
(Contemporary commercial law)
データ種別 | 電子ブック |
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出版情報 | Milton Park, Abingdon, Oxon ; New York, NY : Routledge , 2021 |
本文言語 | 英語 |
大きさ | 1 online resource |
書誌詳細を非表示
資料種別 | 機械可読データファイル |
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内容注記 | Relevance of aggregation in various (re- )insurance products Context in which the aggregation of losses takes place Context in which the aggregation of losses takes place Event-based aggregation in focus Cause-based aggregation in focus Aggregation and allocation Aggregation and the principle of back-to-back Aggregation and the principle of follow the settlements |
一般注記 | "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 reinsurance 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, 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)"-- Provided by publisher Oliver D. William is a senior lecturer and researcher at the University of Bern, an of-counsel at mbh ATTORNEYS AT LAW, Zurich, and a vice chair of the Dispute Resolution Working Party of the Association Internationale de Droit des Assurances (AIDA) Open Access Includes bibliographical references and index Print version record and CIP data provided by publisher; resource not viewed |
著者標目 | *William, Oliver D., |
件 名 | BSH:Electronic books LCSH:Reinsurance -- Law and legislation 全ての件名で検索 LCSH:Liability insurance -- Law and legislation 全ての件名で検索 LCSH:Insurance claims BISACSH:LAW -- Commercial -- General 全ての件名で検索 BISACSH:LAW -- Insurance 全ての件名で検索 BISACSH:LAW -- Commercial -- International Trade 全ての件名で検索 FREE:Insurance claims FREE:Liability insurance -- Law and legislation 全ての件名で検索 FREE:Reinsurance -- Law and legislation 全ての件名で検索 |
分 類 | DC23:346/.0860122 |
書誌ID | ED00003944 |
ISBN | 9781003080480 |