Overview

This publication explains the basic elements of the business of reinsurance and includes numerous worked examples of reinsurance calculations and typical policy wordings. It is aimed primarily at students and newcomers to the industry, but will also help financial advisers, accountants, lawyers and regulators gain a working knowledge of the subject.

Content

Chapter 1 – Introduction

Chapter 2 – Facultative

Chapter 3 – Treaties

Chapter 4 – Proportional Treaties

Chapter 5 – Quota Share Treaty

Chapter 6 – Surplus Treaty

Chapter 7 – Pools and Facultative Obligatory Treaty

Chapter 8 – Non-Proportional Reinsurance

Chapter 9 – Event Excess of Loss

Chapter 10 – Risk Excess of Loss

Chapter 11 – Catastrophe Excess of Loss

Chapter 12 – Stop Loss and Aggregate Excess of Loss

Chapter 13 – Reinsurance Planning – Basic Principles

Chapter 14 – Reinsurance Planning – Practical Application

Chapter 15 – Basic Contract Wordings

Chapter 16 – Treaty Wordings – Proportional

Chapter 17 – Contract Wordings – Excess of Loss

Chapter 18 – Developments since the 4th Edition

Details