We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

16 INCORPORATION OF TERMS

Reinsurance Practice and the Law

Chapter 16 INCORPORATION OF TERMS INTRODUCTION 16.1 The practice of using incorporation clauses to introduce terms of the original direct cover into reinsurance contracts originated during the last century when reinsurance largely consisted of facultative cover placed on individual risks. It was based on the assumption that the terms of the reinsurance mirrored those of the underlying cover (or, in the phrase commonly used in the market, that the reinsurance was “back to back” with the original policy).

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, please enter your details below to log in.

Enter your email address to log in as a user on your corporate account.
Remember me on this computer

Not yet an i-law subscriber?

Devices

Request a trial Find out more