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Reinsurance Practice and the Law

Chapter 4

TYPES OF REINSURANCE CONTRACTS

INTRODUCTION

4.1 This chapter is intended to provide an outline of the more conventional contract forms likely to be encountered in the London market, and to provide an insight into some of the technical and legal problems commonly associated with them. The variety of types of reinsurance is such that it is not possible to cover all the likely permutations in this chapter, nor is it practical to explore the intricacies of all the reinsurance arrangements which are used in the London and international insurance markets.

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