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Reinsurance and the law of aggregation : event, occurrence, catastrophe, cause /

"In excess of loss reinsurance, the reinsurer covers the amount of a loss exceeding the policy's deductible but not piercing its cover limit. Accordingly, a policy's quantitative scope of cover is significantly affected by the parties' agreement of a deductible and a cover limit....

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Bibliographic Details
Main Author: William, Oliver D. (Author)
Format: Electronic eBook
Language:English
Published: Milton Park, Abingdon, Oxon ; New York, NY : Routledge, 2021.
Series:Contemporary commercial law
Subjects:
Reinsurance > Law and legislation.
Liability insurance > Law and legislation.
Insurance claims.
LAW > Commercial > General.
LAW > Insurance.
LAW > Commercial > International Trade.
Insurance claims
Liability insurance > Law and legislation
Reinsurance > Law and legislation
Electronic books.
Online Access:EBSCOhost
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Table of Contents:
  • Relevance of aggregation in various (re- )insurance products
  • Context in which the aggregation of losses takes place
  • Context in which the aggregation of losses takes place
  • Event-based aggregation in focus
  • Cause-based aggregation in focus
  • Aggregation and allocation
  • Aggregation and the principle of back-to-back
  • Aggregation and the principle of follow the settlements.

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