A concise one-day seminar on the latest legal developments and advanced drafting skills as well as up-to-the-minute issues that will ensure watertight contracts.
Reinsurance industry practices have changed in recent years, placing more and more emphasis and importance on reinsurance contract wordings. It is more apparent that a contract is only an advantage if it exactly reﬂects what the underwriter intended and the insured expected. If companies want to avoid lengthy and expensive disputes, they must develop clear and thorough reinsurance agreements and avoid frequent and small nuances that can land reinsurance companies in trouble. This seminar focuses on advanced, up-to-the-minute issues of reinsurance contracts.
Follow wordings – Issues, options and effective drafting
The Insurance Act 2015 – how it impacts your policy wording
Notice and information clauses
Drafting watertight reinsurance clauses: some common mistakes
Developments in property and casualty clauses
Loss portfolio transfer and ‘finality’ contract drafting
Being prepared for reinsurance disputes: Wordings and their role in dispute resolution
This course qualifies for the following CPD programmes:
We do not currently have dates confirmed for this course; please contact us to be informed when it is scheduled; or to discuss running this course on an in-house basis for your staff.