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


Reinsurance Practice and the Law

Chapter 37 TRANSFER OF THE REINSURANCE RISK INTRODUCTION 37.1 One of the essential characteristics of most insurance and reinsurance contracts is the transfer of economic liability for an insurable risk from the insured to the insurer. In this chapter we shall concentrate upon not how or whether obligations to reinsure another are properly assumed, but when and how those assumed obligations can be passed over to a third party; in what circumstances that third party becomes directly accountable to ensure those contractual obligations are honoured; and what safeguards are afforded to those affected by the change made.

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?


Request a trial Find out more