This is a useful handbook for anyone involved in the current London Market. It leads the insurance professional through all aspects of reinsurance practice from the development of reinsurance to the methods used including: risk placement, legal contracts, policy wordings, accounting, claims and run-off. It uses charts, forms and diagrams to show many aspects of reinsurance practice. Full appendices are included giving examples of slips, cover wordings and key clauses.
1 What is ReInsurance? 2 The Reinsurance Markets. 3 The Legal Contract, 4 The London Markets, 5 The Proportional Treaty Account, 6 London Market Claim, 7 London Claims Systems, 8 Proportional Treaty Claim, 9 Inactive Insurers- The Run Off.
