Reinsurance and the Law of Aggregation: Event, Occurrence, Cause

ISBN-13: 9780367502850 / Angielski / Twarda / 2021 / 236 str.

Oliver D. William

Opis

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.

Spis treści

Introduction. Part I: Aggregation of related claims 1. Relevance of aggregation in various (re-)insurance products 2. Context in which the aggregation of losses takes place 3. Features of aggregation clauses and causal requirements 4. Event-based aggregation in focus 5. Cause-based aggregation in focus Part II: Aggregation issues in the relationship between the reinsurer and the reinsured 6. Aggregation and allocation 7. Aggregation and the principle of back-to-back 8. Aggregation and the principle of follow the settlements

O autorze

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).