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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
出版者 Milton Park, Abingdon, Oxon ; New York, NY : Routledge
出版年 2021
本文言語 英語
大きさ 1 online resource

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URL (芸大)電子ブック 電子ブック(EBSCO: eBook Open Access Collection)
EB2202761
9781003080480

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資料種別 機械可読データファイル
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

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