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This work provides a solid foundation for understanding the highly specialized field of American reinsurance law. Chapters discuss the background of reinsurance, the extent and nature of government regulation, recognized legal issues presented in American and English law, the potential problems of coverage, and resolution of disputes.
The text highlights the roles of broker, agent, and intermediaries; the principle of good faith; the law of representations and disclosures in placing reinsurance; commencement and termination of risk; the interpretation of terms used in reinsurance contracts; and the scope, procedure, and legal problems arising from reinsurance arbitrations. Features and Benefits:-