Insurance
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Advantages And Disadvantages Of Facultative Reinsurance
Broadly, there are two main ways through which reinsurance may be distinguished. These are, Facultative reinsurance, and Treaty reinsurance. Both…
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What Are The Different Types Of Reinsurance Arrangements
It is probable that the reinsurer may have sufficient amounts ceded from a number of different sources and unfortunately the…
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What Are The Main Reasons For Reinsurance
It is probable that the reinsurer may have sufficient amounts ceded from a number of different sources and unfortunately the…
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Importance Of Reinsurance To Insurance Companies
We should get ourselves acquainted with a very common term, known as retrocession, widely used in reinsurance transactions. But what…
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What Is The Concept Of Reinsurance Business
The Concept Of Reinsurance Business: A direct company may find that it has placed itself under liability to a very…
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What Is Meant By Reinsurance With Example
Reinsurance is insurance of insurance. This means that the original insurer,who originally accepted the risk from the original insured, gets…
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10 Important Terminologies Used in Reinsurance
Before proceeding to the study of reinsurance, it is required of the students to understand the meaning of certain terminologies…
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Waiver Of The Principle Of Proximate Cause
Sometimes the application of the principle of proximate cause may be waived by insurers through policy condition. The best example…
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Rules For Application Of Proximate Cause In Insurance
To treat proximate cause as if it was the cause which is proximate in time is out of the question.…
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The Principle Of Proximate Cause In Insurance
Until recent past the Principle of proximate cause was not used to be considered as a principle as such. However,…
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