Underwriting and Claims Clauses in Reinsurance Agreements - IMRI.com

    30 September 2012
    Because of the wide variety of reinsurance needs, many reinsurance agreements have customized clauses drafted specifically for that reinsurance relationship. The level of customization or use of manuscript wording in a reinsurance agreement will depend on the relationship of the parties, how generic the reinsurance agreement is, the level of involvement of the reinsurer in the business of the ceding insurer, the sophistication of the ceding insurer, whether the business is fronted, the attachment point where the reinsurance is accessed, the reinsurance intermediary, and myriad other factors.