The Law of Reinsurance; In England and Bermuda

The Law of Reinsurance in England and Bermuda offers a comprehensive guide to the law and practice of this complex area of law. A definitive reference source for practitioners, it: • Provides a comprehensive analysis of the law and practice of reinsurance • Outlines the nature and purpose of reinsurance • Provides an introduction to the Lloyd's and London market and the Bermuda market • Looks at the formation of the reinsurance contract • Considers the relationship between the reinsurance contract and original insurance contract • Discusses the interpretation of clauses in reinsurance contracts • Considers the grounds on which a reinsurer might deny liability • Examines the different types of reinsurance contracts, including marine reinsurance contracts, proportional reinsurance contracts and non-proportional reinsurance contracts • Examines other ways of providing protection including financial reinsurance and alternative risk transfer • Investigates the legal nature and duties of an intermediary • Discusses the problems that can arise as a result of conflict of laws issues • Covers procedural issues in reinsurance litigation and arbitration • Looks at the regulation of reinsurance • Includes coverage of the prospect of insolvency and reinsurance liquidations