Law of Reinsurance (2ed)

Law of Reinsurance (2ed)
Law of Reinsurance (2ed)
Edelman, C
Oxford University Press

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.

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. Areas of complexity such as the role of good faith in reinsurance contracts have also been given greater coverage in this second edition. Also new to this edition is a glossary of reinsurance terms which helps to make the volume even more accessible.

This book is both practical and authoritative, and is successful in isolating the key issues in reinsurance law to provide an easy and reliable reference source. It is a must-have work for all reinsurance practitioners.

  • Every aspect of reinsurance law covered from definition and purpose to types of reinsurance
  • Addresses undecided and tough issues such as single and double proviso follow settlements clauses, 'follow fortunes', commutations, and interlocking clause
  • Guidance provided on contractual principles and terms, obligations, rights, and liabilities of the reinsurer and choice of law
  • Written by reinsurance specialists with experience in arbitration allowing readers to benefit from the analysis of difficult topics

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

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