Every aspect of reinsurance law covered from definition and purpose to types of reinsurance.  Written by reinsurance specialists with experience in arbitration allowing readers to benefit from the analysis of difficult topics. This concise and accessible guide to reinsurance law is an easy-to-read specialist reference focusing solely on reinsurance. The second edition builds on the success of the first which filled a gap in the market for an easy to use and pithy explanation of the law in this field avoiding the need to recount the whole of general insurance law. Guidance is provided on contractual principles and terms, obligations, rights, and liabilities of the reinsurer and choice of law

New to this edition:

• Covers the huge number of significant cases since the last edition including Wasa v Lexington (HL)
• Includes a glossary of reinsurance terms for easy reference
• Gives a more thorough analysis of the role of good faith in reinsurance contracts
• Contains a summary of the difference between reinsurance and direct insurance

With usability and practicality in mind a number of features have been further developed in this edition. The authors have provided more guidance on areas which are undecided by the courts such as Follow the Settlements, incorporation, non-disclosure, and misrepresentation.

This book is both practical and authoritative, and is a must-have work for all reinsurance practitioners, particularly lawyers, insurers and reinsurers, brokers and claims handlers.

Author(s):

• Colin Edelman QC is a barrister in practice at Devereux Chambers in London. Having graduated from Clare College, Cambridge, he was called to the Bar in 1977 and became a Queen's Counsel in 1995. He was elected Head of Chambers in 2002 and a Bencher of Middle Temple in 2003. In 1993 he was appointed an Assistant Recorder and became a Recorder in 1996. His practice is predominantly in the fields of insurance, reinsurance and professional negligence and he is often appointed as an arbitrator in insurance and reinsurance disputes.
• Andrew Burns is a barrister at Devereux Chambers in London.  

ISBN: 9780199665044

Publisher: Oxford University Press | 10 January 2013

Format: Hardback,  248 pages | 246x171mm

CONTENTS:

1. Functions, Definitions, and Types of Reinsurance
2. The Formation of the Reinsurance Contract
3. The Reinsurance Contract - Construction and Terms
4. Obligations of the Reinsurer
5. Rights of the Reinsurer
6. Denying Liability
7. Applicable Law and Jurisdiction