Reinsurance Fundamentals

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Publisher :
ISBN 13 :
Total Pages : 332 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Reinsurance Fundamentals by : Ross Phifer

Download or read book Reinsurance Fundamentals written by Ross Phifer and published by . This book was released on 1996-05-02 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reinsurance Fundamentals is a comprehensive overview of the reinsurance industry and the financial principles that guide it. It is also a penetrating study of real-world reinsurance problems and how to solve them. After an examination of the industry's underpinnings and a brief but fascinating look at its history, author Ross Phifer presents a detailed reinsurance primer. Writing for those familiar with insurance concepts, he offers an in-depth examination of how the reinsurance industry works, explains fundamental ideas, presents practical illustrations of when and how reinsurance arrangements should be considered, and describes the application of reinsurance to speculative financial transactions such as derivatives. Phifer analyzes different types of reinsurance agreements, clause by clause, and supplies thorough explanations of key concepts and their impact on the overall risk transfer. Among the topics discussed are reinsurance cessions, structures, markets, underwriting, proportional pricing, accounting, claims, and contracts. Reinsurance Fundamentals is an invaluable tool for in-house counsel, compliance officers, internal auditors, and risk managers in investment and commercial banking, securities, investment management, mutual funds, and pension fund management. It is also an important resource for corporate financial officers and an excellent reference for insurance underwriters, claims executives, risk managers, and attorneys.

A Guide to Reinsurance Law

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1317912837
Total Pages : 497 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis A Guide to Reinsurance Law by : Robert Merkin

Download or read book A Guide to Reinsurance Law written by Robert Merkin and published by Taylor & Francis. This book was released on 2013-07-24 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This practical guide offers a useful introduction to reinsurance, taking you step by step through the associated issues you really need to know about. An introduction is provided, setting the scene for further chapters on key topics such as the formation of agreements, terms, rights and obligations. The book covers the following areas: Nature of Reinsurance, Formation of Reinsurance, Agreements, Utmost Good Faith, Terms of Reinsurance Agreements, Rights and Obligations of the Parties, Follow the Settlements and Follow the Fortunes, Claims, Intermediaries, Jurisdiction and Applicable Law, Arbitration.

What is Reinsurance?

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Publisher : Cavendish Publishing (UK)
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis What is Reinsurance? by : Robert M. Merkin

Download or read book What is Reinsurance? written by Robert M. Merkin and published by Cavendish Publishing (UK). This book was released on 1998 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1994 a Reinsurance Working Party was set up by AIDA (Association Internationale de Droit des Assurances) with the aim of producing a series of comparative reports considering how particular aspects of reinsurance law operate in a range of jurisdictions.

Risk Theory and Reinsurance

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Publisher : Springer Science & Business Media
ISBN 13 : 1447155688
Total Pages : 85 pages
Book Rating : 4.4/5 (471 download)

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Book Synopsis Risk Theory and Reinsurance by : Griselda Deelstra

Download or read book Risk Theory and Reinsurance written by Griselda Deelstra and published by Springer Science & Business Media. This book was released on 2013-11-22 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reinsurance is an important production factor of non-life insurance. The efficiency and the capacity of the reinsurance market directly regulate those of insurance markets. The purpose of this book is to provide a concise introduction to risk theory, as well as to its main application procedures to reinsurance. The first part of the book covers risk theory. It presents the most prevalent model of ruin theory, as well as a discussion on insurance premium calculation principles and the mathematical tools that enable portfolios to be ordered according to their risk levels. The second part describes the institutional context of reinsurance. It first strives to clarify the legal nature of reinsurance transactions. It describes the structure of the reinsurance market and then the different legal and technical features of reinsurance contracts, known as reinsurance ‘treaties’ by practitioners. The third part creates a link between the theories presented in the first part and the practice described in the second one. Indeed, it sets out, mostly through examples, some methods for pricing and optimizing reinsurance. The authors aim is to apply the formalism presented in the first part to the institutional framework given in the second part. It is reassuring to find such a relationship between approaches seemingly abstract and solutions adopted by practitioners. Risk Theory and Reinsurance is mainly aimed at master's students in actuarial science but will also be useful for practitioners wishing to revive their knowledge of risk theory or to quickly learn about the main mechanisms of reinsurance.

Introduction to Reinsurance

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Author :
Publisher :
ISBN 13 :
Total Pages : 75 pages
Book Rating : 4.:/5 (222 download)

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Book Synopsis Introduction to Reinsurance by : Christoph Pfeiffer

Download or read book Introduction to Reinsurance written by Christoph Pfeiffer and published by . This book was released on 1980 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reinsurance and the Law of Aggregation

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Publisher : Routledge
ISBN 13 : 1000329100
Total Pages : 190 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Reinsurance and the Law of Aggregation by : Oliver D. William

Download or read book Reinsurance and the Law of Aggregation written by Oliver D. William and published by Routledge. This book was released on 2021-01-28 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 (re-)insurance 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, catastrophe, 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).

Role of Reinsurance in the World

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Publisher : Springer Nature
ISBN 13 : 3030740021
Total Pages : 313 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Role of Reinsurance in the World by : Leonardo Caruana de las Cagigas

Download or read book Role of Reinsurance in the World written by Leonardo Caruana de las Cagigas and published by Springer Nature. This book was released on 2021-08-19 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an edited collection by leading insurance historians, examining the historical role of reinsurance (the insurance of insurers) in the insurance markets of eight countries: USA, Netherlands, Sweden, France, Spain, Italy, Mexico and Japan. All the contributors are experts in their field and have widely published in insurance history, providing the reader with new insights into the insurance and economic history of these countries. In particular, this is the first book to explore the reinsurance markets in the USA, Netherlands, France, Italy and Mexico. This book will be of interest to economic and business historians, as well as insurance practitioners with an interest in the history of their industry.

Reinsurance for the Beginner

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Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.3/5 (126 download)

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Book Synopsis Reinsurance for the Beginner by : R. Philippe Bellerose

Download or read book Reinsurance for the Beginner written by R. Philippe Bellerose and published by . This book was released on 1980 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reinsurance Practice and the Law

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Publisher : Informa Law from Routledge
ISBN 13 : 9781843117964
Total Pages : 0 pages
Book Rating : 4.1/5 (179 download)

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Book Synopsis Reinsurance Practice and the Law by : Barlow Lyde & Gilbert

Download or read book Reinsurance Practice and the Law written by Barlow Lyde & Gilbert and published by Informa Law from Routledge. This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed to reduce, to the absolute minimum, the legal difficulties involved in UK reinsurance transactions, this book covers all the areas of reinsurance that are likely to give rise to problems. Paying special attention to the drafting and operation of the reinsurance contract, the book also deals in detail with dispute resolution, including arbitration and commercial court practice and procedure. It provides advice on how to identify, minimize, and resolve problems that may arise with reinsurance contracts, including: a clear explanation of the basics of reinsurance contracts, including the relationships between parties and the various types of contracts the principles of drafting and interpretation of contracts, including reaching agreement, contract wordings, and choice of law the details of operating a contract, including claims handling, offset and funding, inspection of records, and transfer and termination deviation guidance on dispute resolution, including choice of l

The Financing of Catastrophe Risk

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Publisher : University of Chicago Press
ISBN 13 : 0226266257
Total Pages : 490 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis The Financing of Catastrophe Risk by : Kenneth A. Froot

Download or read book The Financing of Catastrophe Risk written by Kenneth A. Froot and published by University of Chicago Press. This book was released on 2007-12-01 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is it possible that the insurance and reinsurance industries cannot handle a major catastrophe? Ten years ago, the notion that the overall cost of a single catastrophic event might exceed $10 billion was unthinkable. With ever increasing property-casualty risks and unabated growth in hazard-prone areas, insurers and reinsurers now envision the possibility of disaster losses of $50 to $100 billion in the United States. Against this backdrop, the capitalization of the insurance and reinsurance industries has become a crucial concern. While it remains unlikely that a single event might entirely bankrupt these industries, a big catastrophe could place firms under severe stress, jeopardizing both policy holders and investors and causing profound ripple effects throughout the U.S. economy. The Financing of Catastrophe Risk assembles an impressive roster of experts from academia and industry to explore the disturbing yet realistic assumption that a large catastrophic event is inevitable. The essays offer tangible means of both reassessing and raising the level of preparedness throughout the insurance and reinsurance industries.

An Introduction to Reinsurance

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Author :
Publisher :
ISBN 13 : 9788498443721
Total Pages : 198 pages
Book Rating : 4.4/5 (437 download)

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Book Synopsis An Introduction to Reinsurance by :

Download or read book An Introduction to Reinsurance written by and published by . This book was released on 2013 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Risk Modelling in General Insurance

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Publisher : Cambridge University Press
ISBN 13 : 0521863945
Total Pages : 409 pages
Book Rating : 4.5/5 (218 download)

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Book Synopsis Risk Modelling in General Insurance by : Roger J. Gray

Download or read book Risk Modelling in General Insurance written by Roger J. Gray and published by Cambridge University Press. This book was released on 2012-06-28 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: A wide range of topics give students a firm foundation in statistical and actuarial concepts and their applications.

Social Reinsurance

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Publisher : World Bank Publications
ISBN 13 : 9780821350416
Total Pages : 548 pages
Book Rating : 4.3/5 (54 download)

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Book Synopsis Social Reinsurance by : David M. Dror

Download or read book Social Reinsurance written by David M. Dror and published by World Bank Publications. This book was released on 2002-01-01 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation This volume views community-based microinsurance as an incremental first step to improved financial protection and better access to health services for the poor. While community-based financing can be structured in various ways, this volume focuses on reinsurance as a mechanism for improving micro-level health insurance units. It outlines strategies and policies that can be applied by countries and donors to improve access to health care services.

Insurance Risk Models

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Publisher :
ISBN 13 :
Total Pages : 464 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Insurance Risk Models by : Harry H. Panjer

Download or read book Insurance Risk Models written by Harry H. Panjer and published by . This book was released on 1992 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Introduction to Reinsurance

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (122 download)

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Book Synopsis Introduction to Reinsurance by : Robert M. Merkin

Download or read book Introduction to Reinsurance written by Robert M. Merkin and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reinsuring Clauses

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Publisher : Taylor & Francis
ISBN 13 : 1135134693
Total Pages : 410 pages
Book Rating : 4.1/5 (351 download)

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Book Synopsis Reinsuring Clauses by : Ozlem Gurses

Download or read book Reinsuring Clauses written by Ozlem Gurses and published by Taylor & Francis. This book was released on 2013-07-04 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comparative English/US law study of the operation of facultative reinsurance contracts. Most of the reinsurance litigation in England and the US has involved this type of contract, and there are regular arbitrations and judicial proceedings in the leading common law jurisdictions to which this book will be relevant. The book is concerned with: • The legal nature of reinsurance agreements • The means whereby terms of reinsurance policies can be derived or incorporated from underlying insurances • The effect on reinsurance of judgments, awards and settlements against the reinsured • The operation of claims provisions

Managing Risk in Reinsurance

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Publisher : Oxford University Press
ISBN 13 : 0198754914
Total Pages : 376 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Managing Risk in Reinsurance by : Niels Viggo Haueter

Download or read book Managing Risk in Reinsurance written by Niels Viggo Haueter and published by Oxford University Press. This book was released on 2017 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reinsurance was a global business from the start the method of spreading and balancing risks in international markets. But this also meant that reinsurance was more heavily exposed to global trends than many other industries. This book gives detailed accounts on how reinsurers dealt with all these challenges.