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Vol 21 No 10 Oct/Nov 2016

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Reinsurance Arbitrations


ISBN13: 9783642451454
Published: March 2014
Publisher: Springer-Verlag
Country of Publication: Germany
Format: Hardback
Price: £90.00



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Following events such as the 2008 credit crunch and financial crisis, many sectors of the economy suffered; nevertheless, reinsurance managed to maintain its strong position in the market industry and the global economic arena.

Arbitration has traditionally been used in reinsurance, due in no small part to its effective, time- and cost-efficient nature. Hence, reinsurance contracts often include arbitration clauses requiring that any and all disputes arising under the contract be resolved by arbitration. The current work provides an in-depth treatment of reinsurance arbitrations and the various issues they entail in the most representative jurisdictions for such arbitrations.

It also aims to pave the way for future directions of arbitration in the context of reinsurance. Any participant in the reinsurance market arena looking for a roadmap to the fascinating legal environment in which reinsurance arbitrations operate would be well advised to have this book on hand. Following events such as the 2008 credit crunch and financial crisis, many sectors of the economy suffered; nevertheless, reinsurance managed to maintain its strong position in the market industry and the global economic arena.

Subjects:
Insurance Law, Arbitration and Dispute Resolution
Contents:
Introduction.
The Reinsurance Contract.
The Need for Reinsurance Arbitration - The Legal Framework.
The Reinsurance Arbitration Clause.
The Reinsurance Arbitration Proceedings.
The Reinsurance Arbitration Award.
Discussion.