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

CHAPTER 9 CLAIMS PROVISIONS

Reinsuring Clauses

9 CLAIMS PROVISIONS CLAIMS PROVISIONS 9.01 In the absence of an express provision in a reinsurance contract, the reinsured is not under any duty to notify the claim to the reinsurer or to seek the reinsurer’s consent to settle the claim, and the reinsurer has no right to interfere with the manner in which the reinsured handles it. 1 However, claims provisions provide such opportunity to reinsurers. On the London Market there are two types of claims provisions found in facultative contracts: claims cooperation clauses; and claims control clauses.

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