000 04052cam a22005658i 4500
001 9781003080480
003 FlBoTFG
005 20210906121118.0
006 m d u
007 cr |||||||||||
008 200914s2021 enk ob 001 0 eng
040 _aOCoLC-P
_beng
_erda
_cOCoLC-P
020 _a9781003080480
_q(ebook)
020 _a1003080480
020 _a9781000329087
_q(electronic bk. : Mobipocket)
020 _a1000329089
_q(electronic bk. : Mobipocket)
020 _a9781000329100
_q(electronic bk. : EPUB)
020 _a1000329100
_q(electronic bk. : EPUB)
020 _a9781000329063
_q(electronic bk. : PDF)
020 _a1000329062
_q(electronic bk. : PDF)
020 _z9780367502850
_q(hardback)
035 _a(OCoLC)1196820740
035 _a(OCoLC-P)1196820740
050 0 0 _aK1287
072 7 _aLAW
_x014000
_2bisacsh
072 7 _aLAW
_x049000
_2bisacsh
072 7 _aLAW
_x014010
_2bisacsh
072 7 _aKFFN
_2bicssc
082 0 0 _a346/.0860122
_223
100 1 _aWilliam, Oliver D.,
_eauthor.
_918097
245 1 0 _aReinsurance and the law of aggregation :
_bevent, occurrence, catastrophe, cause /
_cOliver D. William.
264 1 _aMilton Park, Abingdon, Oxon ;
_aNew York, NY :
_bRoutledge,
_c2021.
300 _a1 online resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bn
_2rdamedia
338 _aonline resource
_bnc
_2rdacarrier
490 0 _aContemporary commercial law
505 0 _aRelevance 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.
520 _a"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. Yet, the examination of whether a loss has exceeded deductible or cover limit necessitates an educated understanding of what constitutes one loss. In so-called aggregation clauses, the parties to reinsurance contracts regularly provide that multiple individual losses are to be added together for presenting one loss to the reinsurer when they arise from the same event, occurrence, cause or accident. Aggregation mechanisms are one of the core instruments for structuring reinsurance contracts. This book systematically examines each element of an aggregation mechanism, tracing the inconsistent usage of aggregation language in the markets and scrutinizing the tests developed by courts and arbitral tribunals. In doing so, it seeks to support insurers, reinsurers, brokers and lawyers in drafting aggregation clauses and in settling claims. Focusing on an analysis of primary sources, particularly judicial decisions, the book interprets each judicial decision to describe a system of inter-related rules, collating, organising and describing the English law of aggregation as applied by the courts and arbitral tribunals. It further draws a comparison between the English position and the corresponding rules in the Principles of Reinsurance Contract Law (PRICL)"--
_cProvided by publisher.
588 _aOCLC-licensed vendor bibliographic record.
650 0 _aReinsurance
_xLaw and legislation.
_918098
650 0 _aLiability insurance
_xLaw and legislation.
_918099
650 0 _aInsurance claims.
_918100
650 7 _aLAW / Commercial / General
_2bisacsh
_918101
650 7 _aLAW / Insurance
_2bisacsh
_918102
650 7 _aLAW / Commercial / International Trade
_2bisacsh
_918103
856 4 0 _3Taylor & Francis
_uhttps://www.taylorfrancis.com/books/9781003080480
856 4 2 _3OCLC metadata license agreement
_uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
942 _cEBK
999 _c3744
_d3744